European Banks Look to Recover from Scandals in 2019

The video discusses the challenges faced by European banks compared to US banks, highlighting issues such as profitability and economic strength. It explores potential strategies for reviving European banks, including monitoring fourth-quarter numbers and ECB's loan policies. The video also addresses scandals like money laundering and the Dansker affair, emphasizing their impact on the banking industry. Finally, it delves into the ongoing investigation of Goldman and 1MDB, considering potential repercussions on client relations and business operations.

What is a major concern for investors regarding European banks compared to U.S. banks?

• Technological advancement

• Profitability

• Regulatory compliance

• Customer service

What factor could potentially help revive European banks in 2019?

• Increased interest rates

• New round of cheap loans from the ECB

• Mergers with U.S. banks

• Expansion into Asian markets

Which country's banks would benefit significantly from the ECB's new round of cheap loans?

• Germany

• France

• Italy

• Spain

What is the Dansker affair primarily concerned with?

• Interest rate manipulation

• Money laundering

• Tax evasion

• Insider trading

What is a potential consequence of the ongoing investigations into Goldman Sachs and 1MDB?

• Increased stock prices

• Stronger client relationships

• Client unease and business repercussions

• Expansion into new markets