"Prevention is better than cure" - Interview
In an interview with Bloomberg at Davos, Commissioner Barnier talks about the plan for an EU framework for bank resolution and crisis management in the financial sector. He also discusses shadow banking, rules on bank bonuses, the relationship with the United Kingdom and the creation of an expert group on the structure of the EU banking sector, chaired by Mr. Erkki Liikanen. Interview by C. Connan. Bloomberg.