EU'S Albuquerque: Bigger Banks to Benefit Clients

The video discusses the role of the banking union in facilitating cross-border mergers, emphasizing the benefits of larger banks providing better services at lower costs. It also addresses the regulatory environment in financial services, contrasting Europe's approach with the deregulation trend in the U.S. under the Trump administration. The need for simpler, more effective regulation is highlighted, with a focus on maintaining financial stability while reducing regulatory burdens.

What is the speaker's stance on the term 'deregulation'?

What does the speaker suggest is necessary for better regulation?