Brussels, 09/05/2014 (Agence Europe) - Banks are warning of the collective impact of the raft of new financial rules on their ability to finance the economy.
“In recent years banks have been subject of several waves of new regulations, which is prompting a major business restructuring in the sector. The collective impact of these reforms however, remains unclear. There is a risk that new measures may harm the ability of banks to finance the economy”, explained Christian Clausen, head of...