ECB’s De Guindos says larger banks in euro zone should consolidate transnationally
Larger banks in the euro zone
should consolidate transnationally, while for smaller lenders
domestic-level mergers are a reasonable way to reduce costs, the
European Central Bank’s Vice-president Luis de Guindos said on
Friday.
should consolidate transnationally, while for smaller lenders
domestic-level mergers are a reasonable way to reduce costs, the
European Central Bank’s Vice-president Luis de Guindos said on
Friday.
Posted by Reuters