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Europe's banks must brace for coming digital storm - ECB's Schnabel

Member of the German advisory board of economic experts Isabel Schnabel poses ahead of a news
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BERLIN (Reuters) - Low profitability at European banks just when they need to invest to stay competitive in the digital era risks triggering a vicious circle of underinvestment and further poor performance, said Germany's nominee to the board of the European Central Bank.Isabel Schnabel, a prominent economist, is set to take Germany's slot on the board of the euro zone central bank, where she will..
Date Published: Nov 06, 2019
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