News Headline Summary

German government official says "intensive discussions" on European bank supervision are still necessary in order to reach an agreement

- New proposals on European bank supervision are inadequate on key elements.
- Large Landesbanken are systemically relevant, should fall under European ban supervision.
- Equal participation of non-EU countries in European bank supervision must be assured, this may be the most difficult issue in negotiations.

22 Nov 2012 - 14:00 - Economic Commentary - Source: Newswires

Subscribe Now to RANsquawk

Click here for a 1 week free trial

RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: