Meister on the EU Banking Stability Report

In a speech given on 7 November Edgar Meister of the Banking Supervision Committee said as analysts of banking sector stability, we have to take into account that the links between large EU banks and hedge funds are intensifying.

"It cannot be excluded that competitive pressures may have forced some prime brokers to compromise on due diligence when dealing with hedge funds. Continuing vigilance therefore remains essential for banks to ensure that they retain a good grasp of their overall

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