ECB Rebuffs Calls to Loosen Bank Rules Prudence Prevails Amidst Fears of US Deregulation

<br><br>**Title** ECB Rebuffs Calls to Loosen Bank Rules Prudence Prevails Amidst Fears of US Deregulation<br><br>The European Central Bank (ECB) has rejected calls to relax rules governing eurozone banks, despite concerns that the sector may fall behind its American rivals if President Donald Trump pursues significant deregulation measures. Patrick Montagner, a senior banking regulator at the ECB, emphasized the need for a prudent approach to banking, highlighting the potential risks of instability in the sector.<br><br>**Background**<br><br>In recent times, the European Central Bank (ECB) has resisted pressure to ease regulations on eurozone banks, despite concerns that they may lag behind their US counterparts if President Trump implements major deregulation measures.
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