ECB on track for bank oversight in about a year, official says

09/6/2013 | Bloomberg

Dutch Finance Minister Jeroen Dijsselbloem says the European Central Bank is on pace to begin supervising banks in October 2014. "The interests of the eurozone are, of course, massive in this project," Dijsselbloem said. He says finance ministers will soon seek an update from ECB President Mario Draghi on a review of banks' balances sheets.

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