LONDON A lineup of leading European banks and insurers have formed the European Round Table of Financial Services.
The group, made up of chairmen or chief executives from the institutions, aims to provide an industry voice on European policy issues. It said its initial objective is to support the formation of a single market for financial services.
The founding members are from Axa, Deutsche Bank AG, Nordea, Assicurazioni Generali SpA, ABN Amro Holding NV, CGNU PLC, Royal Bank of Scotland PLC, BNP Paribas, UniCredito Italiano SpA, Allianz AG, Aegon NV, and Fortis.
The groups establishment was announced March 1. More institutions will be invited to join in the future.