EU Bank Bosses Told to Expect ‘Pragmatic’ Reforms in 2027

European Union bank bosses can expect 'pragmatic' reforms as soon as next year, according to the head of the bloc's banking regulator. The EU aims to deliver some rule relief to help banks compete with Wall Street rivals benefiting from US President Donald Trump's deregulation drive. The reforms are expected to be announced in 2027, easing regulatory burdens on European banks.