'Trump's promise to strike down the Basel Accords has the banking industry elated'

COLUMN. Depressing banks in Europe and America, the third version of this financial crisis prevention regulation came into force in January. 'Le Monde' columnist Philippe Escande observes that Elon Musk, the US president-elect's 'deregulator' in chief, is expected to postpone the requirement in the US, while eurozone banks are being forced to get up to speed for compliance with this law.