Top European Bank Bosses Call for Faster Action to Spur Lending

Chief executives of 11 major European banks, including Santander, BNP Paribas, Barclays and UBS, are pressing the EU to accelerate its planned overhaul of bank regulation. The coordinated lobbying underscores lender concerns over the pace and structure of regulatory reform, with potential implications for capital requirements, competitiveness and sector profitability.