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Merger wave? EU countries not keen on foreign buyers of 'their' banks

'According to RSM Professor of banking and finance Dirk Schoenmaker , the large banks in the United States were created through mergers of regional banks. He expects that such a process will inevitably also start in Europe. According to him, the biggest bottleneck is national supervisors: 'The Belgians, for example, demand that a bank subsidiary fully meets the Belgian requirements.'

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Participants
  • Dirk Schoenmaker
    Role: Faculty
    Reference type: Quoted
Media Outlets
  • fd.nl (Newspaper)