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Extracts from the press conference by Michel Barnier, on Restructuring of banks

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On 29 January 2014, Michel Barnier, Member of the EC in charge of Internal Market and Services, gave a statement on the new rules proposed by the European Commission to stop the biggest and most complex banks from engaging in the risky activity of proprietary trading. The new rules would also give supervisors the power to require those banks to separate certain potentially risky trading activities from their deposit-taking business if the pursuit of such activities compromised financial stability.
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Type: Summary of press conference   Reference: I-085806   Date: 29/01/2014   Duration: 02:44 Location: Brussels - EC/Berlaymont  
Languages: ORIGINAL,
© European Union, 2014   /   Source: Producer: EC - Audiovisual Service   /   Producer: Executive producer: ALL TV
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