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Headlines

Exclusive-EU set to act against Italy's use of golden power on bank deals

Published by Global Banking and Finance Review

Posted on October 9, 2025

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BRUSSELS/ROME (Reuters) -The European Commission is set to act against Italy's golden power legislation as part of a push against EU countries hampering bank consolidation in Europe, four sources with direct knowledge of the matter told Reuters on Thursday.

(Reporting by Foo Yun Chee in Brussels and Giuseppe Fonte in Rome, additional reporting by Valentina Za in Milan, editing by Gavin Jones)