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Showing posts with label Financial Times. Show all posts
Showing posts with label Financial Times. Show all posts

Wednesday, June 1, 2011

CNBC: Europe Warns US to Speed Up Bank Reform

Europe Warns US to Speed Up Bank Reform
Published: Wednesday, 1 Jun 2011 | 4:41 AM ET
By: Peter Spiegel, Financial Times

The European Union’s top financial regulator has warned the Obama administration that it must speed up and toughen its new banking rules in order to prevent American banks from having unfair advantages over their European counterparts.