KM Financial Solutions | ECB’s De Guindos says larger banks in euro zone should consolidate transnationally
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ECB’s De Guindos says larger banks in euro zone should consolidate transnationally

ECB’s De Guindos says larger banks in euro zone should consolidate transnationally

Larger banks in the euro zone
should consolidate transnationally, while for smaller lenders
domestic-level mergers are a reasonable way to reduce costs, the
European Central Bank’s Vice-president Luis de Guindos said on
Friday.

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