It would create a risk of 'regulation at the lowest common denominator' and arbitrage between financial centers.

Frederic Oudea

Categorized in : Business

Of course, it is not a matter of returning to the banks pre-crisis race for balance sheet size...but rather one of ensuring that there will still be some European banking institutions capable of meeting the needs of international clients operating around the world.

Consolidation is not at all on top of the agendas of bank CEOs, we are a sector that is facing a huge transformation (and) my first focus is on what I can achieve organically.