Bundesbank's Dombret: Consolidation Should Not Be Taboo

The video discusses the challenges faced by European banks, including low profitability, high nonperforming loans, and volatility. It highlights the strengthened capital positions and improved liquidity buffers since 2008. The discussion also covers the potential for consolidation in the European banking sector, emphasizing the importance of sustainable profitability. The speaker shares insights from their transition from commercial banking to the Bundesbank, noting the bureaucracy and international cooperation within the central bank.

What role does the Central Bank play in advising on mergers and acquisitions according to the text?

What was the biggest surprise for the speaker when transitioning from commercial banking to the Bundesbank?

How does the speaker view the future of European banking consolidation?