Capital Shortfall at European Banks

Businessn.a. ♦ Published: November 19, 2013; 19:17 ♦ (Vindobona)

According to Boston Consulting Group, European Banks still have much work to do.

Capital Shortfall at European Banks / Picture: ©

In the next years, European banks must improve their equity base substantially, experts of BCG say. According to a study published by BCG today, banks in Europe have to expect hard times. Unlike the U.S. banking sector, European banks did not introduce radical restructuring measures.

The U.S. banking sector has implemented better restructuring tools after the financial crisis.…