ECB leader Sirkka Hamalainen criticises banks

FINLAND - Sirkka Hamalainen, a member of the Executive Board of the European Central Bank and the former Governor of the Bank of Finland, criticised banks and national authorities in the euro zone for hindering integration in financial markets.

Hamalainen, who spoke at a seminar in Helsinki on Thursday, estimates that the integration process in European financial markets is still far from complete. "The stock markets in particular are still fragmented, and integration in the market for corpor