1 Amendments of Udo BULLMANN related to 2007/2287(INI)
Amendment 55 #
Motion for a resolution
Paragraph 12
Paragraph 12
12. Reminds the Commission that effective competition between financial service providers is secured by having a large number of market participants; draws attention to its resolution on consolidation in the financial services industry, in which it averred that the pluralistic structure of the European banking market, where financial institutions could take on diverse legal forms in accordance with their diverse business aims, was an asset to the European economy and the European consumer, and made a significant contribution to the financial market’s stability;