Axel Weber’s views on the need for European bank mergers have achieved unusual prominence recently.
One media report revealing board level discussion of a possible merger between UBS and Credit Suisse was followed by a separate article disclosing that Weber has a wish list of potential partners that also features Deutsche Bank and BNP Paribas.
Then at a Bank of America financial services conference in late September, a trio of senior bankers used their virtual appearances to echo the opinion that European banking consolidation is inevitable.
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