ECB strives for substantial additional powers

01/5/2009 | Financial Times (free content)

The European Central Bank sent a clear signal that it thinks regulation needs reconsideration as its vice president proposed that the bank be given extra powers to increase supervision of eurozone banks. Lucas Papademos suggested that the ECB work with national central banks while being responsible for policing large, cross-border banks.

View Full Article in:

Financial Times (free content)

Published in Brief: