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Very funny pictures http://homezound.com/harbourmortgageca-decd.pdf#opinion harbourmortgage.ca
We view progress towards banking union as positive for investor confidence in eurozone sovereigns, Europe's banking sector and the vast majority of banks. The SRM is the second and probably final pillar of the union now that some form of depositor preference will be built into the final BRRD. The first pillar, the single supervisory mechanism (SSM) centred on the ECB, should enhance consistency and comparability of risk measurement and reporting.
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