Martin Vander Weyer Martin Vander Weyer

Will Trump halt the hounding of UK and European banks? Don’t bet on it

European bankers hoping for a more friendly White House may be in for a disappointment

issue 04 February 2017

President Donald Trump is demolishing his predecessor’s legacy as fast as he can sign executive orders, but one thing for which the Obama administration will be remembered is its zest for imposing fines on UK and European banks. In a flurry of Department of Justice activity ahead of the transfer of power, Deutsche Bank agreed to pay $7.2

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