“The Brussels wall will have come down just like the Berlin wall came down. The EU, this oppressive model, will have disappeared. But the Europe of free nations will have been born… The EU should not last more than two minutes longer.” –Marine Le Pen
Marine Le Pen, leader of France’s far right National Front, seems poised to become the next President of France in 2018. Political pundits are predicting her victory following Donald Trump’s victory in the US. They aver that Trump’s populism has paved the way for a veritable political revolution in Europe which portends to reshape the existing world order.
After years of relentless focus on costs, settlements and regulations, the future of banking is looking brighter, agreed panellists in a session at the World Economic Forum Annual Meeting. On the regulatory front, the majority predicted a significant paring-back of regulatory regimes such as Dodd-Frank, the Volcker rule and Basel IV.