Mergers & Acquisitions Mergers & Acquisitions

EU banks will get merger guidance as ECB swipes at sloppy governance, loan defaults

By Jack Schickler
  • 28 Jan 2020 07:38
  • 28 Jan 2020 11:18
EU banks have been promised guidance to encourage them to merge, as supervisors at the European Central Bank condemned sloppiness in data and money-laundering controls and raised alarm bells over business lending. 

Poor profits at many lenders in the eurozone have been a cause of longstanding regulatory concern, and Andrea Enria

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