Trump's deregulation push spreads to Europe; banks eye EU proposal

1. 1European banks are hopeful as the Trump administration's deregulation push spreads to Europe, with the European Commission putting forward a proposal.
2. 2The proposal could unlock hundreds of billions of euros in capital and liquidity tied up in national ring-fencing, and potentially open the door to changes in parts of the global capital accord.
3. 3The drive is to secure a level playing field with U.S. competitors, but European supervisors remain cautious about easing rules.

Source Bloomberg · View original ↗

Today's 5 AI picks, all free

Nothing hidden: past picks and how they did against the S&P 500.

See today's picks →