EU ombudsman probes `revolving door' at banking watchdog
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LONDON (Reuters) - The European Union's ombudsman has opened an investigation into how the EU's banking regulator approved a move by its executive director to become head of a top banking lobby.The European Banking Authority (EBA) said in September that its executive director, Adam Farkas, was resigning to become chief executive of the Association for Financial Markets in Europe (AFME).EBA put in place several conditions, including an 18-month ban on Farkas advising AFME and its members on..