Europe’s lenders are being dragged down by a “chronic lack of scale,” not high capital requirements, European Union officials have argued, as they laid the groundwork for a regulatory revamp that’s unlikely to deliver the capital cut some bankers pushed for.
Europe’s lenders are being dragged down by a “chronic lack of scale,” not high capital requirements, European Union officials have argued, as they laid the groundwork for a regulatory revamp that’s unlikely to deliver the capital cut some bankers pushed for.
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