ECB’s Villeroy: Confidence in single resolution fund must be bolstered

The European Central Bank policymaker Francois Villeroy de Galhau is crossing the news wires, with key quotes, via Reuters, found below.

Monetary policy cannot be the only game in town, and therefore we should not overburden it.

EU should consider setting up a single entity to combine roles of banking authorities like ECB, SSM and SRM.

Confidence in single resolution fund must be bolstered.