News Headline Summary

Banks with over EUR 30bln in assets may face direct ECB oversight, according to a draft EU document

- ECB to also focus oversight on cross-border banks.

Update details:

- The ministers are to meet on Wednesday on 12th Dec to discuss EU banking supervision, one day before EU leaders begin a two-day summit.

Print 09:54, 10 Dec 2012 - Economic commentary - Source: Newswires