Risk and Resilience: Transaction risk in banking | Episode 1: No Creditor Worse Off principle
In this episode, we focus on M&A and specifically on the No Creditor Worse Off (or NCWO) principle in the context of Bank M&A in a resolution scenario.
In this episode, we focus on M&A and specifically on the No Creditor Worse Off (or NCWO) principle in the context of Bank M&A in a resolution scenario.