Regulatory change is exacerbating the funding problems faced by European banks and will contribute to rising costs. This comes at a time when European financial institutions and sovereigns need to roll over huge amounts of debt, and during increased concern about the fiscal position of eurozone countries.
European banks have approximately €700 billion in annual refinancing needs over the next three years, according to research from Deutsche Bank. However, May saw the weakest issuance volumes sin
The week on Risk.net, July 14–20, 2017Receive this by email