U.S. Minimum Capital Requirements Surpass EU Standards 

The Financial Times reports that an unpublished ECB analysis found that EU banks would face higher minimum capital charges if they were subject to the U.S. financial regulatory regime. EU officials are using this report to defend their Basel III endgame implementation decisions. However, backlash from the EU banks may continue as they anticipate U.S. President-elect Donald Trump to challenge or cancel Basel III’s implementation in the U.S. 

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