You are here

Euro area banks eye mergers as new rules close in

Consolidation starting to look attractive as profits decline and regulatory requirements raise the bar
Monday, February 23, 2015 - 05:50

ERMAN43534.jpg
New rules intended to make European banks stronger may end up encouraging them to get bigger, too.

Frankfurt

NEW rules intended to make European banks stronger may end up encouraging them to get bigger, too.

With the European Central Bank now the currency zone's top financial supervisor, the emphasis is on fewer and better-run lenders. Euro-zone banks have more assets - about US

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom