Brussels, 06/01/2014 (Agence Europe) - According to the Monday 6 January 2014 edition of the Financial Times, the Commission may drop its plans for cpmplete separation of retail and investment banking in Europe.
A draft directive leaked to the FT only makes compulsory a hiving off of the riskiest types of banking from retail banking (loans to individuals and businesses). The leaked document says this would be less restrictive and give national supervisory bodies greater latitude for the...