European banks need new chiefs
But headhunters are struggling to find them
EUROPEAN BANKS’ fourth-quarter earnings, releases of which are clustered around early February, have been surprisingly perky. Those with trading arms, such as UBS or BNP Paribas, rode on buoyant markets. State support helped contain bad loans; few banks needed to top up provisions. Markets should keep them busy and, as the economy recovers, loan volumes should rise. Many banks plan to resume dividends this year.
This article appeared in the Finance & economics section of the print edition under the headline “Fresh blood”
Finance & economics February 13th 2021
- Should governments in emerging economies worry about their debt?
- Why the prices of both oil and the metals that seek to replace it are rising
- Inflation will rise in the coming months
- European banks need new chiefs
- Lessons in betting against bubbles from the Big Short
- Washing machines reveal how trade and competition are linked
- China leads in precision-guided central banking. Does it work?
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