ECB withheld information on 'flawed' bank supervision

The European Central Bank (ECB) refused to provide "important evidence" when the EU Court of Auditors examined its management of banking crisis.

This "had a negative impact on the audit work...on the operational efficiency of the ECB's crisis management for banks" the guardian of the EU finances said in a report published on Tuesday (16 January).

"It is not satisfactory for us," Kevin Cardiff, a member of the...