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Nearing Banking Union: ECB to supervise 6,000 eurozone lenders
12.09.2013. | European lawmakers have established centralized oversight for Europe's largest banks. This marks creation of the first of 3 pillars of the bloc's planned banking union - a cornerstone of the policies to turn the tide on the area's 3-year-old debt crisis.
The centralized bank supervision authority, which will be anchored by the European......