Europe Has Too Many Banks, ING CEO Says -- Market Talk

Dow Jones

2025/01/21

1357 GMT - There are too many banks in Europe for an efficient capital system and for capital to flow into European economies, the CEO of Dutch bank ING Group tells CNBC at the World Economic Forum in Davos, Switzerland. Because of the compartmentalization of regulation, consolidation will largely happen within EU markets, Steven van Rijswijk says. "If that is the case and there are players coming for sale, we will have a look," he adds. (elena.vardon@wsj.com)

(END) Dow Jones Newswires

January 21, 2025 08:58 ET (13:58 GMT)

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Because of the compartmentalization of regulation, consolidation will largely happen within EU markets, Steven van Rijswijk says. \"If that is the case and there are players coming for sale, we will have a look,\" he adds. (elena.vardon@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 21, 2025 08:58 ET (13:58 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ING","symbol_name":"荷兰国际","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2505627560","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2505627560","pubTimestamp":1737467880,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Copyright (c) 2025 Dow Jones & Company, Inc.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"ING":"荷兰国际","BK4207":"综合性银行"},"translate_title":"荷兰国际集团首席执行官表示，欧洲银行太多——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ING":1},"content_text":"1357 GMT - There are too many banks in Europe for an efficient capital system and for capital to flow into European economies, the CEO of Dutch bank ING Group tells CNBC at the World Economic Forum in Davos, Switzerland. Because of the compartmentalization of regulation, consolidation will largely happen within EU markets, Steven van Rijswijk says. \"If that is the case and there are players coming for sale, we will have a look,\" he adds. (elena.vardon@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 21, 2025 08:58 ET (13:58 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}