ECB's Villeroy says we would refuse a "Basel IV" bank capital deal that would not reflect the specificities of french banks

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29 May 2017

ECB's Villeroy says we would refuse a "Basel IV" bank capital deal that would not reflect the specificities of french banks

Says french officials are having serious talks with banks seeking to leave London; Paris has "every chance" of attracting financial institutions
Doesn't see how clearing of euro transactions can be done in london after Brexit
Better coordination on bank regulation needed between Frankfurt, Brussels and national authorities

ECB's Nowotny says wage growth will come if upswing continues

British suicide bomber Abedi was one of 20,000 people who were known to MI5, but not one of 3,000 people who were under active investigation - Source

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