European Banking Barometer - 2H13

A brighter outlook?

EY's European Banking Barometer - 2H13 EY's European Banking Barometer - 2H13 EY's European Banking Barometer - 2H13
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Our fourth European Banking Barometer shows that the outlook for the European banking sector is brighter than it has been at any time in the past two years. Banks anticipate an improved performance over the next six months as stronger balance sheets, a healthier economy and a fading sovereign debt crisis allow them to turn their thoughts to growth.

However, numerous challenges remain. Our European banking research has shown that the industry has yet to fully absorb the potential implications of the European Central Bank’s Asset Quality Review and restructuring and job cuts will continue as banks try to make the most of a more benign economic environment to progress strategic transformation initiatives.