Daniele Nouy banking sector

Overbanking in Europe?

Overbanking?: Too Much Banking Or Too Many Banks?

It seems we have a consensus: Europe is overbanked. Zombie banks need to be allowed to fail and the process of mergers needs to be strengthened, particularly cross-border. But the US model is more of an exception than the rule and there are countries, like Spain, where the consolidation could start to be excessive.