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Banks Should Beware of Changes to U.S. Financial Laws

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U.S. President Donald Trump’s move to deregulate U.S. financial markets could put European banks at a disadvantage, Hans-Walter Peters, the chief executive of the private Hamburg-based Berenberg Bank, told Handelsblatt. “We have to make sure that European banks aren’t suddenly in a worse position than the U.S. competition,” said Mr….

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