ECB's Lagarde: Next inflation studying more likely to be beneath baseline

• Any attempt to enlarge and strength banks is welcome, bearing in mind liabilities
• Cross border mergers have a lot of benefits but aren’t without risks
• It’s up to undertakers of mergers to decide if they are worth it

Nothing big here and the euro is flat on the day.

This article was written by Adam Button at www.forexlive.com.