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Pribil: „ECB Must Not Become Safe Haven for Zombie Banks”
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Published: August 31, 2012; 10:29 ♦ (Vindobona)
At the European Forum Alpbach, the Director of the Austrian Financial Market Authority (FMA) Kurt Pribil stresses the importance of a centralized banking supervision authority.
Pribil: „ECB Must Not Become Safe Haven for Zombie Banks” / Picture: © Vindobona.org
On the occasion of the Alpbach Financial Market Market Symposium 2012, the future of the banking supervision was discussed. FMA´s Director Pribil explained that a decoupling of the financial sector and the real economy was observed in the last decades. This caused a remarkable acceleration of innovations in the banking industry. The supervision of the banking industry became more…
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