EU banking structural reform: intervention by BDI and MEDEF

The sticky bank separation debate has started to make progress. The centre-right and socialist democratic groups in the European Parliament issued a compromise paper that primarily tackles the question of when large banks should have to separate risky transactions.

The BDI and its French sister association MEDEF have called on the negotiators in the European Parliament to give oversight bodies sufficient discretionary freedom in this regard. Both associations believe that core banks should be allowed to engage in any activity required by businesses for financing and hedging.