Is this the end for Banks?
The banking industry has undoubtedly changed. COVID-19 is proving to be a massive disruptor of business models. The huge impact on future cost structures, income generation opportunities and returns on equity, will likely also influence the performance of their stocks in the long term. Long before the pandemic, the industry was navigating a challenging operating environment. In Europe, for example, banks faced low interest rates, unfavourable regulatory conditions, and poor… Read More