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Europe Daily Bulletin No. 11286

1 April 2015
ECONOMY - FINANCES - BUSINESS / (ae) banking
Beware of “market making”, warns Nouy

Brussels, 31/03/2015 (Agence Europe) - The chair of the Single Supervisory Board (SSB) at the ECB, Danièle Nouy, says that any European legislation on the structure of banking should be concerned about market making. She was speaking at the European Parliament on Tuesday 31 March.

Market making (bank activity that help companies financing themselves on the markets to find suitable financing) must always be possible, Nouy told the economic and monetary affairs committee. She said that, as a...

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