Royal Bank of Scotland says pressure growing for Europe mergers

Royal Bank of Scotland Group Plc Chief Executive Officer Fred Goodwin said European banks need to combine to compete with U.S. competitors that are getting bigger. ``There's a great disparity between the largest players and many of the others,'' Goodwin, 45, said in an interview. Cross- border mergers in Europe won't ``happen tomorrow or the…
To read the full story, Subscribe or
Subscribe to PBN
- Advertisement -