The EU Parliament sidesteps the real issues about banks, while the US target the Eurozone lenders

Last week, The Economic and Monetary Affairs Committee – ECON of the European Parliament approved a draft legislation to ostensibly protect small investors from risks hidden in investment products sold by banks. However, this development coincided with J.P. Morgan’s agreement with the American authorities over a payment of a record fine of $13.5 billion, regarding […]

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