Brussels, 30/01/2014 (Agence Europe) - Several political groups at the European Parliament and a number of lobby groups are concerned, often for different reasons, with the European Commission's plan to reform banking in Europe by banning proprietary trading and “rehypotecation” (see EUROPE 11007).
On behalf of the Social Democrats, Hannes Swoboda of Austria recognised the need for action at EU level, but added: “The Commission's proposal comes too late and offers too little. The...