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....
U.S. Drops Criminal Case Against Turkey’s Halkbank
The U.S. Department of Justice has formally requested a federal judge to dismiss its long-running criminal case against Turkey’s state-owned lender, Halkbank, signaling the end of a major legal dispute that had strained relations...