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Martin Boehm and Sir Howard Davies: The Financial Sector in Europe
The Dean of IE Business School, Martin Boehm, speaks with Sir Howard Davies, the Chairman of the Royal Bank of Scotland, about the current European financial sector. Questions: a) European Banks consistently report return on equity ratios well below the cost of equities, should monetary policy not change, what consequences do you think will follow? 0:30 b) What is your take on pan European banking consolidation in order to address the problem of lack of profitability? 2:52 c) Which represents a larger threat for banking in fintech, innovative start-ups or big techs such as Amazon or Apple entering into finance? 6:14 Subscribe to the channel. Learn more about IE Business School: https://www.ie.edu/business-school/ Follow us on LinkedIn: https://www.linkedin.com/school/ie-business-school/
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