French Turmoil Leaves Bankers Losing Hope For ‘Massive Regulatory Pause’

Bloomberg reports that France’s political turmoil is weakening its ability to shape European financial regulation, dimming hopes for a “massive regulatory pause” amid U.S. deregulation. Jean-Edouard Colliard, associate professor of finance at HEC Paris, notes that while France can no longer lead at this stage, it also cannot block reforms — potentially opening the door for other European actors to push new ideas forward.