The unbundling of research from trading commissions represents a major change in the way banks and brokerages produce analysis for their clients and the French supervisor has taken a lead in this debate by appealing for a level playing field and an end to ‘gold-plating’. By Justin Pugsley.
Latest articles from Western Europe
The UK's Brexit vote in June came as a blow to most in the EU, but the lack of widespread financial shock in the immediate aftermath of the vote showed how the improvements made to the euro area's post-crisis banking sector are paying off. France's central bank governor looks at why this was the case, but warns there is no room for complacency and calls for further progress on the economic part of the EU’s agenda.
Europe needs a capital markets union, and the UK's decision to leave the EU just makes the case stronger and more urgent than ever, writes the vice-president of the European Commission.
The EU's right to free movement has been blamed as a key reason behind the UK's vote to leave the union, as well as cited for being a drain on countries that lose their workers to more affluent neighbours. But how accurate or fair is this? Stefanie Linhardt looks at both sides of this increasingly heated debate, and examines the likely fate of refugees into Europe.
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.
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.