Abby Farson Pratt was an assistant editor at CFA Institute. Previously, she worked at the Denver Post and the University of North Carolina Press. Pratt earned the Claritas™ Investment Certificate and holds a BA in journalism and English from the University of North Carolina at Chapel Hill.
Yves Mersch, executive board member of the European Central Bank, says a banking union is central to a functional Eurozone — threats from southern European banks are unlikely.