Pribil: „ECB Must Not Become Safe Haven for Zombie Banks”

People ♦ 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…

or Log In

Fast News Search
Related News
Fekter Does Not Exclude Further Bank Aids Anymore (August 23, 2012)
FMA Pushes for Bank Insolvency Law (August 7, 2012)
Austrian Foreign Currency Loan Level Declining (June 13, 2012)
Exposure in Eastern Europe Remains Austria´s Weak Point (May 30, 2012)
FMA Extends Ban on Short Selling (May 29, 2012)
Read More
FMA Financial Market Authority, Kurt Pribil, Banking Industry, ECB European Central Bank, European Forum Alpbach, Events, Congresses
Featured
See latest Vindobona Newsletter