<div>UPDATE 1-EU banking watchdog to crack down on 'cum-ex' trading schemes</div> <!-- no image --> <div>The European Union's banking watchdog has proposed a crackdown on so-called cum ex trading schemes that could pose a threat to financial markets and national budgets.<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=dA16mxAsH_k:f3oegeg8SV0:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=dA16mxAsH_k:f3oegeg8SV0:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=dA16mxAsH_k:f3oegeg8SV0:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=dA16mxAsH_k:f3oegeg8SV0:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=dA16mxAsH_k:f3oegeg8SV0:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/dA16mxAsH_k" height="1" width="1" alt=""></div> Posted by Reuters