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Bankers see QE plan squeezing profitability

Deposit-taking and flow-franchise businesses expected to suffer

Davos

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...

sentifi.com

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