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Universals ponder bad ratios

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Heard of the 80/20 ratio? If you are a second- or third-tier universal bank in Europe, you may well have. Without a change in strategic thinking, many of these banks face a challenging future, according to a report from consultancy firm Oliver, Wyman & Co.

The ratio in question is the amount of capital stumped up by providers of corporate loans in Europe, versus the amount of investment

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