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European Central Bank Endorses Large European Banks' Concentration Amid Commerzbank Takeover Offer
The European Central Bank has backed the concentration of large European banks, according to a statement from Philip Lane, ECB's chief economist.

© latribune_fr
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- The European Central Bank has endorsed large European banks' concentration.
- This move comes as Commerzbank is in the process of making takeover offers.
- ECB's support implies a positive outlook for the banking sector consolidation efforts.
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