Trump Is Bad (Or Good) News For Bank Regulation: Fannie Freddie; Basel IV; China; EM And MoreRupert Hargreaves
Trump Is Bad (Or Good) News For Bank Regulation
Guest post from Jonathan Rochford, CFA Portfolio Manager of Narrow Road Capital.
Bank regulation on the back foot?
The outcome of the US presidential election is a potential spanner in the works for the Basel IV negotiations. The old position had the Swiss already implementing much higher capital levels, the US pushing for higher capital levels and the Europeans resisting these efforts. Morgan Stanley has banks in Europe and Australia needing a lot more capital when the likely changes are implemented.
Trump’s election could bring two main . . .
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