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BUSINESS

Stress Tests Show Banks Would Survive Severe Recession

Business, Patricia Kowsmann, Published on 02/08/2021

» Europe's largest banks are overall strong enough to withstand another severe economic shock even after the challenging conditions of the pandemic, results of a stress test show. The results pave the way for many banks to restart distributing dividends.

BUSINESS

European Banks Use the Pandemic to Clean House

Business, Patricia Kowsmann & Margot Patrick, Published on 16/02/2021

» European banks are using the pandemic to make changes investors have wanted for years: slash jobs, shut branches and force customers online.