You are here

Bankers see QE plan squeezing profitability

Deposit-taking and flow-franchise businesses expected to suffer


THE European Central Bank's plan to spend at least 1.1 trillion euros (S$1.7 trillion) buying assets, including government bonds, may squeeze profitability, bank executives at the World Economic Forum said.

Banks make money on the difference between their funding cost and the

Market voices on:


Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at

Powered by GET.comGetCom