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Market Chatter: EU Set to Delay Basel Bank Trading Rules By 1 Year
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Market Chatter: EU Set to Delay Basel Bank Trading Rules By 1 Year
Jun 11, 2024 7:34 AM

10:10 AM EDT, 06/11/2024 (MT Newswires) -- The European Union is poised to delay the implementation of rules that impact banks' trading businesses since those activities are global in nature and the bloc's lenders would be disadvantaged by the ongoing wrangling over standards in the US, Bloomberg reported Tuesday, citing people familiar with the matter.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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