European financial integration in peril, says BarCap's del Missier

The integration of Europe's financial markets faces an acute danger from resurgent nationalist self-interest among its regulators, Barclays Capital's head of rates and private equity and regional head of Europe, Jerry del Missier, told delegates attending Risk 's Global Risk Management Summit in Monte Carlo today.

“We’re at risk of rolling back twenty years of progress,” said del Missier, using his keynote address to highlight his fears.

“I’m a bit worried about what I see in Europe,” he said. “We’re moving away from a pan-European way of doing things to an environment where national interests are filtering through. We’re no closer to having a single European financial system than we were five years ago.”

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