Wrestling regulators

According to this comment piece from the Financial Times, published Wednesday 4 October, regulation should forward the public interest but different regulatory bodies sometimes clash in its defence.

"This is happening in the European Union over cross-border mergers in the financial services sector," the article says.

"While good progress has been made in integrating Europe's wholesale financial services, the retail sector remains highly fragmented. There have been few cross-border takeovers, the

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