The theatre of Donald Trump has caused European leaders to review their current relationships both internally and externally. Whilst the focus to date has been on Global trade and Security the impact of Trump and his GOP allies has been dramatic and direct. He is being described as an existential threat to Global norms.
The risk of a rift within NATO has been played out since the day of the inauguration exacerbated by Trumps desire to secure a ceasefire in Ukraine at any cost, whilst Trumps statements on trade and Tariff’s have upturned the international norms for global trade. Trumps threats related to security guarantees are inter linked into trade, immigration and host of other demands that Trump believes might benefit the US or US companies operating globally.
Donald Trump's influence on financial services in Europe is a little more complex. It could be described currently as creating an indirect rather than a direct existential threat. He is a strong supporter of Wall Street and the markets whilst wanting to curtail the power of overseas corporations in favour of their US competitors. While he may not be a threat to the entire financial sector, there are aspects to his policies and political approach that could create challenges or uncertainties for financial services in Europe...
The European Federation of Financial Advisers and Financial Intermediaries (FECIF) was chartered in June 1999 for the defence and promotion of the role of financial advisers and intermediaries in Europe.
FECIF, the only body representing European financial advisers and intermediaries, it is based in Brussels, the heart of Europe.
Stay informed about our activities. Subscribe to our monthly FECIF Newsletter: