EU fumes as Britain delays banking shake-up over Trump
23 hours ago · BRUSSELS — The EU has hit back after Britain's banking watchdog issued a surprise delay to global rules over fears incoming U.S. President Donald Trump will cull them. An EU official told POLITICO the bloc is “surprised and disappointed” by the Bank of England's announcement Friday that it ...
UK delays Basel bank rules by a year, EU says it's weighing options
1 day ago · LONDON (Reuters) -The Bank of England said on Friday it would delay tougher bank capital rules by a year to January 2027 to get clarity on what the United States will do under Donald Trump as president, prompting the European Union to say it would also weigh its options. The standards written by the global Basel Committee are the final set of international reforms designed to make the banking ...
BoE Delays New Rules For Banks Ahead Of Trump Presidency
1 day ago · The Bank of England said Friday it will delay implementing rules designed to prevent a 2008-style financial crisis as it awaits clarity on how they will be enforced in the US under Donald Trump.
Bank of England delays new rules for banks ahead of Trump …
17 hours ago · The Bank of England said Friday it will delay implementing rules designed to prevent a 2008-style financial crisis as it awaits clarity on how they will be enforced in the US under Donald Trump. The... -January 17, 2025 at 02:46 pm EST - MarketScreener
BoE delays Basel bank rules by a year, EU says weighing options
LONDON (Reuters) -The Bank of England said on Friday it would delay tougher bank capital rules by a year to January 2027 to get clarity on what the U.S. would do under president Donald Trump ...
Bank of England prepares to cut rates despite Trump election …
Nov 6, 2024 · Borrowing costs hit 17-year highs and sterling falls as the budget and Donald Trump’s imminent return dent confidence.
Bank of England to cut rates gradually as the world braces for Trump…
Nov 19, 2024 · The Bank of England will keep Bank Rate on hold in December as global inflation worries resurface, according to a Reuters poll of economists who were split on the impact U.S. President-elect...
Bank of England issues mortgage rate warning to 4.4 million
Nov 29, 2024 · Around half the UK's mortgage holders face paying higher rates over the next three years, the Bank of England has warned, while sounding alarm over the potential impact of Donald Trump's looming return to the White House. Its latest financial stability report - released twice a year - showed 4.4 million homes were set to refinance at higher rates.
Trump tariffs loom over Bank of England's best-laid rate cut plans
Nov 7, 2024 · Bank of England Governor Andrew Bailey stuck to his script outlining gradual interest rate cuts on Thursday, but Donald Trump's White House return and threats to impose tariffs could force...
Trump Policies Cloud BOE’s Path to Future Rate Cuts
Nov 6, 2024 · The Bank of England is all but assured to cut interest rates by another quarter point this week, but a second US presidential term for Donald Trump has cast new uncertainty over future...