ABU DHABI / WAM ADGM, the international financial centre of Abu Dhabi, is entering its …
Read More »Merkel coalition backs resolution urging split of ECB duties
Berlin / Bloomberg German Chancellor Angela Merkel’s coalition backed a resolution calling for a complete separation of the European Central Bank’s supervision of financial institutions from its monetary policy role. The lower house of parliament on Thursday voted in favor of the motion, which also urges the government to ensure that small, lower-risk institutions such as cooperative and savings banks …
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