European Parliament elections and a new European Commission could lay the groundwork for cross-border bank mergers from next year, Oudéa tells Euromoney.
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Frédéric Oudéa, |
The CEO, who is also president of the European Banking Federation, sees a good chance that the EU will prioritize its banking and capital markets union reforms from next year – including an EDIS.
He says clearer progress on that front will then allow banks to do their part in integrating Europe’s financial sector: pre-empting a longer-term move to bigger and more pan-European capital markets.
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