TITLE

U.K. Loses Fight to Curb Power of EU Regulators

PUB. DATE
December 2009
SOURCE
American Banker;12/3/2009, Vol. 174 Issue 216, p16
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses Great Britain's Chancellor of the Exchequer Alistair Darling's failed attempt to limit the powers of the European Union's (EU) financial supervisors. According to the article the EU is enhancing the supervision of banks after the bankruptcy of Lehman Brothers Holdings Inc. was perceived as worsening the 2008 global financial crisis.
ACCESSION #
45583548

 

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