Banks must plan for 'hard' Brexit, industry report warns

By Huw Jones and Anjuli Davies LONDON (Reuters) - Global banks must plan for a "hard" Brexit or risk breaching regulatory requirements and disrupting business, according to an industry report seen by Reuters, the first since Prime Minister May said she would take Britain out of the single market. It was prepared by consultancy PwC for industry body the Association for Financial Markets in Europe (AFME). The process will require more clarity from regulators in EU countries where banks might seek