UPDATE 1-EU watchdog wrong to let official move to banking lobby - Ombudsman <!-- no image --> <div>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.<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=GcjTE6zs0fE:jKJITjbALws:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=GcjTE6zs0fE:jKJITjbALws:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=GcjTE6zs0fE:jKJITjbALws:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=GcjTE6zs0fE:jKJITjbALws:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=GcjTE6zs0fE:jKJITjbALws:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/GcjTE6zs0fE" height="1" width="1" alt=""></div> Posted by Reuters