Sabine Lautenschläger, (2017), “European banks – The quest for the best business model”, European Central Bank, 7 Νοεμβρίου
The banking sector is going through tough times. Having emerged from a major crisis, it faces challenges and change. But one thing has not changed, and it never will. A bank needs a sustainable business model. It has to earn revenues; it has to keep its costs in check; and it has to keep its risks under control. How all this is done has changed, however. Many things that still worked a couple of years ago no longer work today.
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