Trump May Be Great News for European Banks
In this week’s episode of In the City, we explore whether more European businesses will decouple from American companies and Wall Street. Bloomberg deals correspondent Dinesh Nair describes the Trump-induced separation as yet another “unprecedented” rupture initiated by the Republican president. But it could be good news for Europe in the long run, being the spark needed the unify and galvanize European leaders into securing their own defense industries and economies.
“I’m not sure if he’s making America great again,” Nair says of Trump. “But he’s definitely trying to make Europe great again.”
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