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EU Commission to Publish Proposals for Bank Recovery and Resolution Today

Today, the EU Commission will publish its proposals for Bank Recovery and Resolution.  According to the FT, this initiative which will be presented as an “embryonic version of the much vaunted banking union”, ultimately involving the possible creation of a single EU supervisor, deposit guarantee scheme and resolution authority.

The article can be viewed here:

http://www.ft.com/cms/s/0/50028acc-af28-11e1-a8a7-00144feabdc0.html

(subscription required).

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