German Central Bank: Mergers Must Yield ‘Robust’ Competition
The chief of Germany’s central bank wants bank mergers to produce robust, competitive institutions.
“We need strong and robust banks so that companies can tackle and finance their future tasks,”...
UK’s FCA Cautions Banks About Lowering Savings Rates Too Quickly
At a time when the market expects interest rates to continue dropping, the United Kingdom’s Financial Conduct Authority (FCA) is cautioning banks and building societies about lowering the rates they...