EU Moves Toward Closer Banking Ties With Failed-Lenders Plan

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European Union governments made progress toward forging closer banking ties as they reached an initial agreement on rules that will make it easier to wind down smaller lenders in trouble.

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EU Nears Deal on Failed Lenders in Path to Closer Banking TiesThe European Union is nearing a deal on measures that would make it easier to wind down smaller lenders that run into trouble, according to people familiar with the matter.
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