Germany: EU supervisor should focus on big banks Associated Press Copyright 2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Updated 5:01 a.m., Friday, August 31, 2012 BERLIN (AP) — Germany's finance minister wants the new European banking supervisor to limit its focus on major banks whose stability is vital to Europe's financial security, rather than spread itself too thinly and monitor all of the region's 6,000 lenders. Wolfgang Schaeuble's comments in an article for the Financial Times Friday could lead to a conflict between Berlin and the European Union's executive Commission, which is to present proposals Sept.
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Fri, 08/31/2012 - 5:33am
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