Is the global consensus on bank rules breaking down?
Brussels plans to tighten rules for overseas banks operating in the EU in a tit-for-tat step against the US that will raise costs for big foreign lenders. Does this mean the global consensus on bank rules is breaking down? Patrick Jenkins, FT financial...
FT News in Focus · Financial Times
November 22, 20166m 21s
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Show Notes
Brussels plans to tighten rules for overseas banks operating in the EU in a tit-for-tat step against the US that will raise costs for big foreign lenders. Does this mean the global consensus on bank rules is breaking down? Patrick Jenkins, FT financial editor, discusses the issue with colleagues Martin Arnold and Caroline Binham, and hears the view of Andrea Enria, chairman of the European Banking Authority. Music by Kevin MacLeod
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