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EU banks must be bigger, have deeper capital market, to compete with US, say top EU officials

Summary by WTVB
By Jan Strupczewski and Francesco Canepa DUBLIN/FRANKFURT, Sept 18 (Reuters) - European banks need greater scale and deeper capital markets if they are to compete with US rivals, senior European officials said on Friday, as ​the European Union looks to...

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European banks need greater scale and deeper capital markets in order to compete with American rivals, said high-level European authorities on Friday (19), at a time when the European Union seeks to strengthen its position in an increasingly competitive global economy.

·Rio de Janeiro, Brazil
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Forbes, the world's most well-conceived business and economic magazine. Report defends less political interference in bank mergers and the reduction of barriers to cross-border operations The post EU banks Need to Be Greater to Compete with the US, say Block Authorities appeared first in Forbes Brazil.

European banks need to expand their operations and more advanced capital markets to compete with American organizations, declared ... . . . . . . . . . 18.09.2026, PRIM

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WTVB broke the news on Friday, September 18, 2026.
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