Although the “Structural reform of the EU banking sector”, as proposed yesterday by European Commission member Michel Barnier, undoubtedly goes halfway to fulfilling the suggestions of the Erkki Liikanen High Level Group Report, it agitated people on both sides of the spectrum. Those who protect the banks by profession said it is ‘irresponsible’, and those […]
Commission paralysed before the banking leviathan
Filed Under: Policy Tagged With: Banco Santander, banks, Barnier, BNP Parisbas, Christian Noyer, Commerzbank, Credit Agricole, Deutsche Bank, France, Germany, ING Group, Liikanen, Pierre Moscovici, Société Générale, UniCredit Group, Wolfgang Schäuble