UBS's Orcel Says Europe Lacks Determination on Banks

The video discusses the impact of US deregulation on European banks, highlighting the uneven playing field it creates. It contrasts the US's clear policy direction in financial services with Europe's lack of a defined strategy. The discussion also touches on Brexit's implications and the uncertainty surrounding Basel IV regulations. The industry has adapted to higher capital ratios and liquidity, but debates continue on the extent of necessary regulation.

How does Donald Trump's deregulation potentially affect European investment banks?

• It puts them on an uneven footing.

• It gives them a competitive advantage.

• It forces them to increase their capital ratios.

• It has no impact on them.

What is a significant challenge for Europe in terms of financial services policy?

• Excessive deregulation.

• Lack of a clear policy direction.

• Over-reliance on US banks.

• Having too many dominant players.

What is uncertain about Basel IV regulations?

• The exact implementation date.

• The number of banks affected.

• The impact on US banks.

• The role of technology in compliance.

What has the industry achieved in response to new regulations?

• Reduced capital ratios.

• Increased liquidity and focus on culture.

• Eliminated all risks.

• Decreased regulatory compliance.

What is the ongoing debate in the industry regarding regulation?

• The appropriate level of regulation.

• How to reduce capital ratios.

• Whether to eliminate all regulations.

• The need for more deregulation.