ABU DHABI / WAM The Creative Media Authority (CMA) has announced the completion of its ...
Read More »Europe takes a backward step on banking union
As part of its plan to complete the euro zone’s so-called banking union, the European Commission has presented a new proposal for collectively insuring bank deposits. Such a scheme is badly needed — but the new idea falls short. By leaving too much risk with national governments, it fails to address a critical weakness of the system. The commission is ...
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