Political and regulatory appointments could
drastically alter the bank capital landscape on both sides of
Bank capital is facing uncertain times, and political
currents in both the US and Europe could have a huge impact on
the industry, according to speakers at this year's IFLR forum
on the topic.
Brexit, Trump's election and the threat to harmonisation are
of chief concern. In the case of a hard Brexit, and a failure
to secure a meaningful deal or equivalence, the UK could opt
out of Capital Requirements Directive 4 (CRD). The UK would
still be subject to Basel III. But although similar, there are
slight differences in the way quality of capital is measured in
CRD IV in...