UPDATE 1-Low valuations hamper euro zone bank mergers – ECB’s de Guindos
Consolidation is inevitable among
banks in the euro zone, but low profitability and low valuations
will make this very difficult, European Central Bank
vice-president Luis de Guindos said on Monday.
banks in the euro zone, but low profitability and low valuations
will make this very difficult, European Central Bank
vice-president Luis de Guindos said on Monday.
Posted by Reuters
