European banking giants meet their match in Polish regulator

April 9, 2015 2:12 PM

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WARSAW, April 9 (Reuters) - Austria's Raiffeisen Bank International has hit an obstacle in the shape of Andrzej Jakubiak, the Polish regulator who has already frustrated the plans of some of Europe's biggest lenders.

Raiffeisen's problems in selling off its Polish unit follow a series of disputes between bankers and the KNF state financial regulator, some of which appear to have been aggravated by personality clashes as much as by differences over policy.

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