Since banking is a global business, European lenders fear a competitive disadvantage if they face stricter rules than their American rivals https://www.economist.com/finance-and-economics/2026/04/28/a-global-fight-over-banking-rules-is-just-getting-started?taid=69f49112873ee6000144e5ee&utm_campaign=trueanthem&utm_medium=social&utm_source=voante