Illustration: Kevin February
|
IN ADDITION |
|
Is there any way out of the gloom infecting Europe’s banking sector?
With the region’s economic prospects this year gradually killing hopes for an end to negative rates and a recovery in their interest margins, the European Central Bank’s rate cut this September only confirmed the challenges ahead. It will be even harder for European banks to earn their cost of equity.
Thanks for your interest in Euromoney!
To unlock this article:
