Europe’s top banks urge regulators to adopt UK-style growth mandate

Top executives from Europe’s largest banks and insurance companies are pressing officials in Brussels to add economic growth as a key responsibility for financial regulators, arguing the current system puts too much emphasis on stability at the expense of competitiveness. The head of Zurich Insurance Group, Michel Liès, has urged European Commission president Ursula von […] source: https://www.cryptopolitan.com/europe-banks-urge-adopt-uk-growth-mandate/