Barnier still examining ‘where to draw the line' on bank ring-fencing


European commissioner Michel Barnier will put forward a proposal on ring-fencing riskier bank activities around September this year, that aims to strike a balance between allowing banks to finance economic growth while strengthening European Union measures to mitigate systemic risk.

Barnier's spokesman Stefaan De Rynck used a press conference today to rebut media reports earlier this week that stated Barnier was cooling to the idea of implementing recommendations put forward by a high-level

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