New banking rules in the EU: Will they encourage mergers?
Desde la crisis de deuda soberana, hace ya más de 15 años, escasean las operaciones transfronterizas
The European Commission has published a communication on competitiveness in the banking sector, highlighting the lack of competitiveness of European banks in wholesale markets, particularly compared to US giants. The Commission identifies excessive fragmentation, insufficient regulatory proportionality, and a complex regulatory framework as key issues.
It proposes measures to alleviate prudential requirements for intra-community subsidiaries, making them more similar to branches, and estimates that this could release €230,000 million in capital and liquidity. The Commission also aims to eliminate other national barriers to intra-community concentration processes.
Written by urgent.news from El Pais Economia's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
