Every inch of Europe’s trading universe will be touched by MiFID II, which takes effect from January 2018. It may achieve its goals of investor protection and supervisory oversight but this could come at the expense of less liquidity, less competition and a string of other unintended consequences, writes Danielle Myles.
The head of corporate and institutional banking at BNP Paribas, Yann Gérardin, speaks with Danielle Myles about preparing a full-scale corporate and investment banking model for disintermediation, acting from a position of strength and the early success of the lender's transformation plan.
Hugues Delcourt, CEO of Banque Internationale à Luxembourg, the country's oldest private banking group, talks to Danielle Myles about the opportunities posed by the country’s fintech boom and what the arrival of Chinese banks means for the domestic market.