Liikanen has been appointed by internal market commissioner Michel Barnier to chair a high-level committee which will look at whether structural reforms are needed alongside current regulatory initiatives, the European Commission announced on Monday. “I expect this group to make all the recommendations as regards the structure of EU banks it deems necessary to strengthen financial stability and enable banks to fully play their role in favour of the single market and European growth.” Send us your thoughts (in strict confidence) or submit an article in response: Email: [email protected]
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Will markets in 2012 have a tougher time than 2011?