Brussels, 13/10/2011 (Agence Europe) - European banks are furious at the way the EU's talks are moving in the direction of compulsory and speedy increases in bank funding. The banks argue that this does not tackle the heart of the sovereign debt problem and will damage the financing of the real economy.
Less haste, more speed, commented the German banking federation (BvB) the day after the publication of plans to increase bank capital requirements, unveiled by the president of the European...