European banks: Between a rock (need of more capital) and a hard place (low profitability)

Marco Onado, 23 February 2014



The financial crisis has put to the forefront the long-debated issue of banks’ capital adequacy, showing that banks were much more fragile than they (and their regulators) pretended, also because they were allowed to push their leverage to levels much higher than any industrial company, or even a hedge fund, has never dreamt of.

Topics: Global crisis
Tags: bank leverage, Europe, post-crisis equilibrium

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