This German will soon oversee Europe’s largest banks – economy

It was only a few months ago that the collapse of the Swiss Credit Suisse once again showed how important strict supervision of banks is: poorly managed and moderately controlled financial institutions can become a risk for an entire economy, even the financial system. That’s why it’s not just the experts who have been paying close attention to who will be at the helm of European banking supervision in the future and thus supervise the 120 largest financial institutions in the Eurozone.

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