BayernLB Chief Critical Of Stronger Regulation

News: BayernLB ' s chief executive has criticised what he described as ' the exponential increase in regulatory requirements ' as the Bavarian lender announced his earlier-than-expected departure, the Financial Times reports. Gerd Häusler is reportedly leaving now that BayernLB has been t urned around as a 'normal bank'. This cut s short his original contract, which was to run until 2015. Häusler took over the lender in 2010.

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Geography: Germany