Author (Person) | Betts, Paul |
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Series Title | Financial Times |
Series Details | 28.10.09 |
Publication Date | 28/10/2009 |
Content Type | News |
Commentary feature in which author suggests that Brussels could be setting the stage for a new wave of consolidation in the European financial services industry. By demanding that banking groups that were granted massive state aid during the global economic and financial crisis shed large chunks of their assets on competition grounds, the European Union risks fuelling a merger and acquisition revival in the financial sector that may not be in the best public interest. |
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Subject Categories | Business and Industry |
Countries / Regions | Europe |