EU plans to ease banking mergers
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The European Commission puts forward a plan to stop governments from blocking cross-border bank takeovers.
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Efficient cross-border electronic payment systems should help wean Europeans off their heavy use of cash for transactions - but people should not expect a change overnight, according to Gertrude Tumpel-Gugerell, European Central Bank executive board member.
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Coca-Cola on Friday agreed to alter its sales practices in some European markets, an offer likely to bring to an end a five-year investigation by the European Commission into whether the soft drinks giant was stifling retail competition.
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The NASD and NYSE Group yesterday said they plan to merge their regulatory operations in a move designed to reduce costly duplications.
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Brussels on Wednesday tightened the screws on European Union governments that have broken the bloc&#39;s common rules, in a drive to prise open national markets for companies in the gambling, telecommunications and financial services sectors, and the legal profession.
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VIENNA, Va. -- The Treasury Department will work with banking regulators to craft an anti-money-laundering plan that puts less of a burden on small banks.
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Banks will be now able to borrow additional funds from the Bank of England in a move aimed at reducing the "credit squeeze".
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Sweeping new European Union legislation is set to shake up the way insurers manage their capital - with implications for investors and customers alike.
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The head of French bank Societe Generale  has hired investment banks to advise on the possibility of a merger with larger domestic rival BNP Paribas , Les Echos newspaper reported on Friday.
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BRUSSELS  - The European Union has cleared Banco Santander Central Hispano SA's acquisition of British rival Abbey National PLC.
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The European Union approved a deal on  Wednesday setting conditions for the U.S. Treasury Department  to consult records of the international banking network SWIFT  in anti-terror probes, EU diplomats said.
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European regulators said on Tuesday  they do not intend objecting to the proposed merger of Euronext  and the NYSE, removing a hurdle to the completion of the $10  billion transatlantic alliance.
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EU plans to make it easier for European patients to seek healthcare within any member state
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EU ministers meeting in Luxembourg plan moves to integrate their asylum and immigration procedures.
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The EU adopts plans to force European energy markets to be open to more competition.
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The European Union's head office was set to approve proposals Friday to inject more flexibility into the oft-flouted budget rules behind the euro.
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The multibillion-euro benefits of moving to a pan-European banking system in which payments across national borders are handled as conveniently as domestic transactions, will only accrue if banks, retailers and consumers embrace the project quickly and comprehensively, it was claimed on Monday.