ECB Pushes Cross-Border Bank Mergers

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The vice president of the European Central Bank (ECB), Boris Vujcic, has urged the European banking sector to promote mergers and acquisitions beyond national borders, with the aim of creating what the institution has previously named as ‘European champions’, that improve the banking competitiveness of the continent and be able to rival [...] The entry The ECB appeals to cross-border mergers of banks to improve the competitiveness of the sector …