Brussels plans to tighten rules for overseas banks operating in the EU in a tit-for-tat step against the US that will raise costs for big foreign lenders. Does this mean the global consensus on bank rules is breaking down? Patrick Jenkins, FT financial editor, discusses the issue with colleagues Martin Arnold and Caroline Binham, and hears the view of Andrea Enria, chairman of the European Banking Authority. Music by Kevin MacLeod

A transcript for this podcast is currently unavailable, view our accessibility guide.

Get alerts on News in Focus when a new story is published

Copyright The Financial Times Limited 2020. All rights reserved.
Reuse this content (opens in new window)

Comments have not been enabled for this podcast.

Follow the topics in this podcast