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“It is only an arrogant culture in banking that could have fooled itself to think that the Commission was not serious about change” Neelie Kroes, European Commission |
WHEN EUROPEAN COMPETITION commissioner Neelie Kroes announced in early November that she was not “some kind of bank destroyer” there must have been a few rather hollow laughs at the Amsterdam headquarters of ING. The comment came just days after the announcement of a break-up of the group that was wider reaching than anyone had expected.
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