Europeans banks have suffered a painful shock in 2020: rate of return on equity has fallen from 5 to 2%

Europeans banks have suffered a painful shock in 2020: rate of return on equity has fallen from 5 to 2% driven largely by margin compression. @ecb warns of potential losses ahead.
ecb.europa.eu/pub/financial-… https://t.co/SDXSFKk7Xe

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