Tuesday, 11 September 2012

Europe: structural reform of the EU banking sector

The Financial Times reports that "... people close to the project [the High Level Expert Group considering possible structure reforms to the structure of the EU banking sector] said a clear majority was emerging in favour of a combination of the UK and UK approach to structural reform of banks - taking elements of both the Volcker and Vickers rules": see here. The Expert Group's report is expected within the next month or so.

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