FRANKFURT/LINKOPING,
Sweden
Mon Feb 10, 2014 2:04pm EST
(Reuters) -
Some of the euro zone's lenders have no future and should be allowed to go
under if they fail a health check, the bloc's new banking supervisor told the
Financial Times, underscoring a tougher approach to banking oversight.
Daniele
Nouy told the newspaper that if any of the region's participating banks fail
the European Central Bank's comprehensive assessment then they could be wound
down, and that merging them in order to save them was not an option.