Exclusive: EU aims to complete capital markets union by 2019

The European Union will put in place its "capital markets union" by 2019, starting with quick wins like encouraging direct investment in businesses, an EU document seen by Reuters showed. The document, co-written by EU financial services chief Jonathan Hill, sets out a timetable for the first time on a core policy of the European Commission to help revive the bloc's flagging economy. Harmonising rules for capital markets to increase the trade in stocks, bonds and other securities