Regulatory Burden Eases On European Banks

Significant regulatory forbearance through reduction of Basel leverage exposure and netting provision would considerably help European banks, notes Citi in its recent research report.

Kinner Lakhani and team at Citi Research in their recent report titled “Handover Continues; Regulation Eases” point out that in FICC, there has been a modest shift in market share from European to US banks since 2006.

Shift in FICC share

The Citi analysts point out that based on their analysis, there has been a modest shift in market share from European banks to US banks of c3pp since 2006 relative to 9M13. The analysts attribute this shift to...