(Reuters) - Europe's top banks need to find more capital than rivals elsewhere
in order to meet tougher rules coming into force in January, the continent's
bank regulator said on Thursday.
The assessment came just hours after Britain's banks were urged by the Bank
of England to take advantage of any lull in the euro zone's financial
turmoil to tap markets for fresh cash to bolster their defences.
(Reuters) - Airbus Chief Executive Fabrice Bregier said in an interview
published on Thursday that it was essential to stick to an October 10 deadline
set by UK regulators for a plan for the merger of its parent EADS with Britain's
BAE Systems.
"The importance is that opinions converge. The October 10 deadline may seem
soon but it is absolutely necessary given the environment," Bregier told the
French daily Les Echos.
Germany and France have suggested the
deadline for details of the $45 billion tie-up of EADS and BAE Systems could be
too short, with both governments anxious to safeguard their influence over
Europe's biggest defence company.
