ECB economists question Ireland and Luxembourg’s grip on asset managers
Central bank researchers suggest patchwork of national regulation risks ‘supervisory blind spots’
Central bank researchers suggest patchwork of national regulation risks ‘supervisory blind spots’

The nexus between states and lenders through bond holdings should be broken

Tussles over what to put on euro banknotes are symbolic of deeper dysfunction

Backed by other small states, the duchy has thwarted the push for centralised supervision

Regulator urges governments to fast-track long-delayed idea to help break down merger barriers

EU-issued bonds would attract long-term capital, reduce financing costs and unlock strategic autonomy

Bookbuilding periods shrink to record low, helped by strong demand for continent’s stocks