Why banks are not yet saving money in the Mifid II era

Have a read of Kerril Burke’s piece in Financial News’ article ‘Why banks are not yet saving money in the Mifid II era’, February 8, 2018.

“Given the amount of money, not to mention time, already invested in getting ready for the EU’s revised Markets in Financial Instruments Directive, investment banks could be forgiven for expecting savings to be made from day one.”

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