Luxembourg, 10/01/2000 (Agence Europe) - The European Union Statistical Office, Eurostat, has released a statement summarising a reference document, "Banking in Europe", drawn up in cooperation with the European Central Bank (ECB) and the European Commission's Directorate General for the Internal Market.
Describing the situation as at 1997, the report states that "concentration and internationalisation are the two major trends in European banks in recent years". These trends are part of a...