Brussels, 26/05/2010 (Agence Europe) - Rather than setting up a pan-European fund to deal with bank collapse, the European Commission prefers the idea of a network of bank resolution funds, financed ahead of any crisis by the banking industry, ring-fenced and separate from countries' coffers. Details of the size of the funds, how the bank levy to set them up is to be collected and how the funds are to be used has not yet been decided upon. The European Commission will unveil a detailed...