The EU Banking Sector – Navigating Challenges

The elevated macroeconomic uncertainty due to subdued economic growth, inflationary pressures and increasing interest rates have brought into the forefront some risks in the global banking sector. In the aftermath of the banking crisis in the US and the takeover of Credit Suisse from UBS, EU banks are now confronted with a growing number of challenges. The article examines the level of preparedness of the EU banking sector to navigate these challenges taking into account the robust starting point of the EU banks.