01 Apr Eurozone Banks and Profitability
Why Eurozone banks profitability remains so depressed and has not fully recovered to its pre-crisis levels?
This report investigates the determinants and makes comparisons with US and Nordic banks, whose returns are significantly higher. The analysis considers the economic growth and negative rates policy, high operating costs, regulation and increased competition from the fintech industry. Finally, it is given a quick view of the possible effects that the COVID-19 crisis can have on the sector.Download PDF