McKinsey warns banking mergers could come too soon

McKinsey, the strategy consulting firm, has warned that European cross-border banking mergers are likely to take place before the necessary regulatory and IT environments are ready.

The firm said in a report that the consolidation of automated clearing houses and the harmonisation of European banking regulations would create better conditions for international mergers and acquisitions activity in the sector.

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JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

JPMorgan to Pay $330 Million Over 1MDB Transactions