EU Bankers Prepare for Capital Buffer Overhaul to Disappoint

Banking executives in the European Union are bracing to be disappointed when officials lay out proposals to cut red tape in the coming weeks, as they predict that the measures will be far behind the deregulation taking place in the US.

A task force of top euro area officials is set to deliver proposals on bank capital buffers and other efficiency measures to the European Central Bank before the end of the year. The findings are likely to be key input for the European Commission as it prepares a major report on the EU banking sector to be published in ...