ECB's Papademos on banking supervision

In the speech 'Banking supervision and financial stability in Europe' given on 28 October Lucas Papademos of the ECB said the ECB supports an 'evolutionary' approach to banking supervision, as opposed to a 'revolutionary' approach.

Papademos, speaking at a European Banking Federation (FBE) gathering in Brussels on the future of banking supervision in Europe, said that a priority should be to enhance the current system before considering new measures.

'A lead supervisor for cross-border banking

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