Ten Things European Banks are Currently Suffering From
Posted: Wed Feb 17, 2016 3:53 pm
Presently there are myriad factors that European banks are suffering from. Over the past six months, many of the leading financial institutions and lenders in Europe have all incurred notable cuts to personnel and many job cuts, led by traditional mainstays like Deutsche Bank, Standard Chartered, and Barclays. Overall however, the banking industry as a whole is facing headwinds, highlighted by the following factors:
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1. Permanent 0-Rate Environment
Low nominal interest-rates put downward pressure on margins banks can charge. Market players price a continuing deflationary environment in for Europe ... (read more)