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Brexit pushes up costs for Europe's banks

Brexit pushes up costs for Europe's banks

8 min

Brexit will push up costs for Europe's banks by as much as 4 per cent and their capital requirements will rise by up to 30 per cent, according to the most detailed assessment yet of what Britain’s departure from the EU means for the sector. Martin...

Brexit will push up costs for Europe's banks by as much as 4 per cent and their capital requirements will rise by up to 30 per cent, according to the most detailed assessment yet of what Britain’s departure from the EU means for the sector. Martin Arnold discusses the findings with Matthew Austen of consultants Oliver Wyman, who compiled the report, and the FT's Emma Dunkley. Music by Kevin MacLeod

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