News Headline Summary

EU says looking at some measures by national banking supervisors and 'keeping close tabs' on certain measures by bank overseers

- EU to hold talks on capital requirement next week.
- Very close to accord on capital requirements.

Analysis details (11:10)

- Back in December the EU Commission proposed new ECB powers for banking supervision as part of a banking union. In the proposal around 200 of the biggest banks will come under the direct oversight of the European Central Bank, which will act as chief supervisor of eurozone banks.

03 Jan 2013 - 11:09 - Fixed Income Economic Commentary - Source: Newswires

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