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Comment: EU's overcrowded banking market will face series of regulatory tests in 2021

By Jack Schickler
  • 29 Dec 2020 04:10
  • 23 Feb 2021 05:32
Thousands of banks make many regulators worry the EU market is too fragmented and overcrowded, but a long-expected consolidation never materialized. 

Political calls to have European "industrial champions" in sectors such as payments or rail generally don’t apply to the bloc’s banks. But many regulators — led by the European Central Bank’s Andrea Enria — feel that

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