trending Market Intelligence /marketintelligence/en/news-insights/trending/JT8G2DycCiXk7UPW6S1n0w2 content esgSubNav
In This List

Report: Germany wants UK banks to have transitional EU single market access

Blog

Insight Weekly: Bank boards lag on gender parity; future of office in doubt; US LNG exports leap

Blog

Insight Weekly: Job growth faces hurdles; shale firms sit on cash pile; Africa's lithium future

Podcast

Street Talk | Episode 99 - Higher rates punish bond portfolios, weigh on bank M&A

Blog

Insight Weekly: Loan growth picks up; US-China PE deals fall; France faces winter energy crunch


Report: Germany wants UK banks to have transitional EU single market access

Germany said it wants the EU to let member governments offer U.K. banks access to the union's single market on a reciprocal basis during a transition period, Bloomberg News reported, citing a government strategy proposal from the country's finance ministry.

The proposal, which did not mention requiring U.K. banks to be headquartered in Europe and did not indicate a specific transitional period, suggests that the German government wants to remain open to the U.K.

The U.K. is scheduled to leave the EU in March 2019.