Brussels, 10/02/2014 (Agence Europe) - The chair of the Supervisory Board of the single supervisory mechanism, Danièle Nouy, has pledged to demonstrate that the European Central Bank (ECB) will fully assume its role as single supervisor within the single supervisory mechanism (SSM) for banks in the eurozone, from November 2014.
“We have to accept that some banks have no future (…). We have to let some banks disappear in an orderly fashion, and not necessarily try to merge them with...