Deciphering the European banking crisis

Posted on 02. Aug, 2016 by Jean Jacques Ohana in Weekly Focus

 
Euro zone banks have lost more than 33% of their equity value since the start of the year 2016. As shown in figure 1, the loss of equity for investors over the last 10 years amounted to a staggering 77% even after accounting for the distribution of dividends. In the same period, the Euro Stoxx [...]