Christian Edelmann On Why European Banks Underperform U.S. Banks
January 30, 2023
Christian Edelmann, the managing partner for Europe at Oliver Wyman, speaks to CNBC’s Joumanna Bercetche on the structural reasons resulting in European banks underperforming U.S. banks. He discusses necessary policy decisions to facilitate cross border consolidation and the benefits of implementing a capital markets union to facilitate cross boarder consolidation.
Christian also discusses key solutions to the matter, based on a recent report released in collaboration with the European Banking Federation.
You can watch it here.