UK will resist EU pressure on banks over clearing – BoE’s Bailey By Reuters
By Huw Jones and David Milliken LONDON (Reuters) - Britain will resist "very firmly" any European Union attempts to arm-twist banks into shifting trillions of euros in derivatives clearing from Britain to the bloc after Brexit, Bank of England Governor Andrew Bailey said on Wednesday. Europe's top banks have been asked by the European Commission to justify why they should not have...
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