Lionel Laurent, Columnist

First Brexit, Now Trump

European lenders are vulnerable to his protectionist leanings

November 9, 2016 at 1:44 PM UTC

Lionel Laurent is a Bloomberg Opinion columnist writing about the future of money and the future of Europe. Previously, he was a reporter for Reuters and Forbes.

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If Donald Trump the president looks anything like Donald Trump the candidate, Europe's financial industry should have cause for concern.

Top European banks have had a hard enough time competing with their better-capitalized and more profitable U.S. peers without the guiding hand of a protectionist U.S. president.