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EU Bank Reform Must Reflect French, German Regulations: French Finmin

By DMO Affiliate
French Finance Minister Pierre Moscovici said France wants to make sure that EU banking reform proposals reflect regulations already in place in France and Germany, voicing concerns that the current plans favor banks in London. The European Commission unveiled a blueprint to rein in high-risk trading at big banks on Wednesday, despite concerns in Paris and Berlin that it would threaten their biggest lenders.
EU Bank Reform Must Reflect French, German Regulations: French Finmin




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