Brussels, 08/01/2015 (Agence Europe) - The draft report on the reform of the structure of the European systemic banks by Gunnar Hökmark (EPP, Sweden) casts doubt on the benefits of a systemic separation between trading activities and retail banking activities.
Adopted in early 2014, the Commission's proposed regulation suggests banning own-account trading within the EU in financial instruments and raw materials (but not on sovereign debt), and a ban on investing in hedge funds (but not in...