ECB supervisory board chief Nouy speaking at an ECB/EU Commission conference
- many banks fail to meet expectations
The conference is entitled "Completing European financial integration: What next?" and currently underway".
Headlines so far from the now published 2016 Financial Integration in Europe report :
- Financial integration in the euro area is improving, though more slowly
- Recent financial turbulence should not hamper further integration
- Further developing European capital markets and integrating retail banking markets enhances the financial system's resilience, its contribution to cross-country risk-sharing and its ability to finance the real economy
Full report here.
If you're having trouble sleeping you can do yourself a real favour and tune it to all the live (in) action here
