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Excess Regulation in Europe Is a Big Tax, Botin Says

Santander Executive Chair Ana Botin says Europe has the talent and companies to compete with the US, but needs a level playing field. She says excessive regulation is a "big tax" on European businesses. Botin is on this week's episode of The David Rubenstein Show: Peer to Peer Conversations. This episode was recorded July 13 in New York. (Source: Bloomberg)