Stark demands financial sector refocus

stark-juergen

Jürgen Stark, a member of the European Central Bank's (ECB) executive board, on Wednesday said the financial sector in advanced economies had grown too large and that banks must focus their business towards more traditional services in order to contribute to growth.

At the Transatlantic Business Conference in Frankfurt, Germany, Stark said it was tempting to assert that the recent financial crisis was the result of a financial sector that had "grown out of proportion". However, rather than the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Register for Central Banking

All fields are mandatory unless otherwise highlighted

slide 1 to 5 of 8
Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.