Trump's deregulation push spreads to Europe; banks eye EU proposal
JPM JPMorgan Chase & Co
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View chart & analysis → - 1European banks are hopeful as the Trump administration's deregulation push spreads to Europe, with the European Commission putting forward a proposal.
- 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.
- 3The drive is to secure a level playing field with U.S. competitors, but European supervisors remain cautious about easing rules.
This 3-line summary is compiled from the report below.
Bloomberg View original ↗
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