Cross-border mergers in Europe would help diversify banks: ECB’s de Cos

© Reuters. FILE PHOTO: FILE PHOTO: ECB headquarters in Frankfurt MADRID (Reuters) – European monetary policymaker Pablo Hernandez de Cos on Monday called for cross-border banking consolidation in Europe to strengthen the European banking union and increase lenders’ geographical diversification. European banks are under growing pressure to join forces to deal with rising bad debts […]

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