EU banking system now in better shape: ECB official

Andreas Dombret, a member of the executive board of the Deutsche Bundesbank and the supervisory board of the European Central Bank, talks to Vikram Khanna about the state of the EU banking system, the fallout from Brexit, the impact of fintech and the link between climate change and the financial system. Here are excerpts:

On the state of banks in the EU:

About 10 years ago, the financial crisis broke out. Then the eurozone experienced a sovereign debt crisis, which started in 2010. Both of those events impacted European banks.