Bloomberg News

National Bodies to Work With ECB on Bank Supervision, Welt Says

June 29, 2012

National banking regulators in Europe will cooperate with the European Central Bank as part of a new supervisory architecture, Die Welt reported, citing unidentified sources.

The supervisory structure will not be complete before the end of 2013, the newspaper reported.

To contact the reporter on this story: Jeff Black in Frankfurt at jblack25@bloomberg.net

To contact the editor responsible for this story: Craig Stirling at cstirling1@bloomberg.net


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