EU watchdog wrong to let official move to banking lobby - Ombudsman
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LONDON (Reuters) - The European Union's banking watchdog should have barred its executive director from becoming the head of a banking lobby, the bloc's ombudsman said on Monday.The departure of European Banking Authority (EBA) Executive Director Adam Farkas to head the Association for Financial Markets in Europe (AFME) led to "revolving door" accusations from EU lawmakers.The European Ombudsman said it had found two instances of "maladministration": that the EBA should not have let its former..