The EU should abandon a one-size-fits-all mentality to ensure a diverse banking market by setting proportionate regulation and encouraging innovation, says Chris de Noose of the European Savings and Retail Banking Group.
Latest articles from Western Europe
Switzerland’s rise as a European financial centre has followed an unorthodox path. Danielle Myles looks at the various ways its banks access the EU market, why the model is under threat, and how the Swiss plans to exploit Brexit.
Determining how UK financial services interact with the EU following the referendum will be no easy task. One approach might be to look to how banking regulation was originally negotiated, suggests former Association for Financial Markets in Europe director Peter Beales.
Asia has been working on a capital markets union for almost two decades. Why is this process challenging? And is it fair to draw parallels between the Asian and European experience? Stefania Palma reports.
Much has been written about Austria's Heta, the ‘bad bank’ which took on the toxic assets of Hypo Alpe Adria. But what of Addiko, which was created from the good parts of its south-eastern European network? Stefanie Linhardt investigates.
The UK’s economic future outside the EU is nowhere near as bleak as it has been painted. A considered approach would mean a smooth transition to a post-Brexit world, says Barnabas Reynolds.
Traditionally strong in the UK, some Indian banks – such as SBI and Yes Bank – are setting up new operations of becoming subsidiaries and focusing on the retail market, and they are not letting the UK’s decision to leave the EU affect their plans.
The shadow banking sector got a bad press after the global financial crisis, but it can be a valuable source of innovation while helping to mitigate financial risk, writes Harald Benink of the European Shadow Financial Regulatory Committee.