Europe Banks With 'Destiny in Their Own Hands' Favored: M&G's Somel

The transcript discusses the financial performance and future challenges of RBS, including leadership changes and the impact of Brexit. It also covers the challenges faced by Barclays in investment banking and the difficulties Deutsche Bank faces in the European market. The discussion extends to strategies for European banks, focusing on trading income and market control.

What external factors could impact RBS in the next two years?

How do European banks like Deutsche Bank compare to US banks in terms of trading flow?