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DatabankJune 20 2023

Have Europe’s banks become too big to fail?

Large banks in the region retain more than 70% of all banking assets, with an average size of almost €700bn. Barbara Pianese reports.
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In the aftermath of the 2008 crisis, the world was wondering how we ended up with oversized banks that could disproportionately affect the whole financial system and the broader economy.

More than a decade later, have Europe’s banks become too big to fail?

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