trending Market Intelligence /marketintelligence/en/news-insights/trending/oucP9BQq-ApdEuqGlhIUWA2 content esgSubNav
In This List

Cross-border mergers right for larger European banks, ECB VP says

Blog

Banking Essentials Newsletter: 17th April Edition

Blog

Banking Essentials Newsletter: 7th February Edition

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)


Cross-border mergers right for larger European banks, ECB VP says

European Central Bank Vice President Luis de Guindos said big banks in Europe should merge with their counterparts in other countries and smaller players can cut costs by consolidating locally, Reuters reported.

He also favored the privatization of Spanish lender Bankia SA. The Spanish government has to sell its remaining 61% stake in the bank by 2021-end.