The European Commissioner for Financial Services, María Luis Albuquerque, stated this Monday at the Europa Forum in Brussels that "we should see more bank mergers in the near future" as a result of the single banking market.
She stated this at a meeting organized by the Nueva Economía Forum in the EU capital, where she indicated that "with a single supervisor, a single market, and the same rules applied throughout the banking union," the synergies of these cross-border mergers "should be evident".