Friday

29th Jul 2016

Ticker

Draghi says ECB to supervise 130-150 banks

The European Central Bank will directly supervise 'between 130-150' EU banks under the proposed banking union framework, Mario Draghi told MEPs on Monday. Speaking during a monetary dialogue hearing with the Parliament's Economic and Monetary Affairs committee, Draghi added that national supervisors would have more powers, particularly over small banks.

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