Europe’s banks must brace for coming digital storm – ECB’s Schnabel
Low profitability at European
banks just when they need to invest to stay competitive in the
digital era risks triggering a vicious circle of underinvestment
and further poor performance, said Germany’s nominee to the
board of the European Central Bank.
banks just when they need to invest to stay competitive in the
digital era risks triggering a vicious circle of underinvestment
and further poor performance, said Germany’s nominee to the
board of the European Central Bank.
Posted by Reuters
