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Merger wave? EU countries not keen on foreign buyers of 'their' banks
Merger wave? EU countries not keen on foreign buyers of 'their' banks
'According to RSM Professor of banking and finance Dirk Schoenmaker , the large banks in the United States were created through mergers of regional banks. He expects that such a process will inevitably also start in Europe. According to him, the biggest bottleneck is national supervisors: 'The Belgians, for example, demand that a bank subsidiary fully meets the Belgian requirements.'