Laura Noonan

Bankers and regulators expect the European Union to further delay stricter capital standards for lenders' trading businesses over uncertainty related to whether the U.S. will implement the rules.

Barclays has delayed any move of its European Union headquarters to Paris until 2027 at the earliest, putting the potential relocation at least two years behind its original timeline.

Bank said move would affect only a 'small number' of Dublin staff

Barclays is the UK's second-largest listed bank by assets. Photo: Bloomberg

The European Union will shortly announce its plans for implementing the part of the Basel III regulations that governs banks’ trading activities, according to its finance chief, amid growing pressure for Europe to follow delays elsewhere.

The value of a Wall Street bonus at the time of the award often ends up being far different than what bankers collect several years on when it vests.

The European Union’s finance chief said the bloc is open to further extending the deadline for wresting euro clearing from London, casting doubt over a newly adopted timeline.

The European Union will shortly announce its plans for implementing the part of the Basel III regulations that governs banks’ trading activities, according to its finance chief, amid growing pressure for Europe to follow delays elsewhere.

The EU could consider moving forward with a “coalition of the willing” and not wait for all 27 members to agree on a capital markets union as it tries to break a deadlock in its decade-old plan and finance a nearly trillion-euro investment gap, the bloc’s financial services chief said.

Barclays has delayed any move of its European Union headquarters to Paris until 2027 at the earliest, putting the potential relocation at least two years behind its original timeline.