Interesting! After years of bailouts in unconscious risk-takers there is a chance of "Huge change". Will this lead to a split of "universal banks" to what they used to be in the past?
The talks for a European Banking Union have started a few months ago. The alternative "Bail-in" strategy has been tested on Cyprus leading a healthy economy in recession.
Will depositors continue to keep their money in "Universal" banks or this movement will result in the split of banks according to their operations' nature?
Bloomberg Article:
Europe’s Banking Union
Breaking Out of the Vicious Circle
http://www.bloomberg.com/quicktake/europes-banking-union/
The talks for a European Banking Union have started a few months ago. The alternative "Bail-in" strategy has been tested on Cyprus leading a healthy economy in recession.
Will depositors continue to keep their money in "Universal" banks or this movement will result in the split of banks according to their operations' nature?
Bloomberg Article:
Europe’s Banking Union
Breaking Out of the Vicious Circle
http://www.bloomberg.com/quicktake/europes-banking-union/
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