What’s next for the restructuring of Europe’s banks?

The long period of stagnation is over, and European banks are increasingly undergoing restructuring.

European banks are ripe for restructuring—and a lot of it. After five years of relatively stagnant economic conditions, many of them continue to face pressure from difficult funding conditions, a transition to higher costs of capital, changing regulations, and tighter capital requirements. They need to shed capital-intensive operations and simplify businesses to compete more profitably in fewer market segments. All told, Europe’s banks are considering the sale of up to 725 business lines across various business segments and geographies.

Read more at McKinsey

What’s next for the restructuring of Europe’s banks?

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