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MiFID
Archive for: March, 2007
Elton Cane - Independent - Brisbane | 09/03/2007 | 1997 views
MiFID compliance burden as a catalyst for M and A
At an event this week I heard an interesting opinion from the compliance head of German bank WestLB. His view was that in the German market, no-one saw any strategic benefits arising from MiFID - only cost and hard work. In fact, he said, with Germany's fragmented financial industry, many would be overburdened by the cost of compliance and this...
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