EU Pushes to Ease Cross-Border Bank Mergers to Boost Global Competitiveness
The European Commission plans to reduce political interference in banking mergers and remove barriers to cross-border consolidation within the European Union, aiming to help European banks compete more effectively with larger U.S. financial institutions....
Fed says it failed to take forceful action on SVB
The Federal Reserve has admitted to not taking strong enough action in overseeing Silicon Valley Bank, which collapsed last month and caused concerns about the banking industry. The Federal Reserve’s investigation found that regulatory...