Reuters: Regulatory News: EU exec to present bank resolution scheme by mid-June

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EU exec to present bank resolution scheme by mid-June Apr 27th 2012, 09:08 BRUSSELS, April 27 | Fri Apr 27, 2012 5:08am EDT BRUSSELS, April 27 (Reuters) - The European Commission will present a plan to resolve failed banks in Europe before June 18-19, when leaders of the world's 20 biggest economies meet in Mexico, Commission spokeswoman Chantal Hughes said on Friday. "Our objective is to present the proposal on a bank crisis resolution scheme before the G20 summit in June," Hughes said.

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