Sources said some UK and US banks plan to rely on exemption clauses in new rules to continue lending into the EU from January. The EU may not allow broad use of reverse solicitation, which could force foreign banks to expand their EU footprint or cur

2026-11-12

Sources said some UK and US banks plan to rely on exemption clauses in new rules to continue lending into the EU from January. The EU may not allow broad use of reverse solicitation, which could force foreign banks to expand their EU footprint or curtail lending to EU clients.