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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: Press conference - summary   Reference: I-085806   Date: 29/01/2014   Duration: 02:44
Personalities:   Barnier, Michel  
Location: Brussels - EC/Berlaymont  
Languages: ORIGINAL

Tags: Banking and stock exchange activity | Bank | Borrowing
© European Union, 2014   /   Source: EC - Audiovisual Service
Director: Ines Espana
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