Why European Banks Lose Out to U.S. Banks

The video discusses the challenges faced by American and British banks, focusing on the shift in fee revenue distribution from a 50/50 split between US and European banks to a 70/30 split favoring US banks. It highlights the struggles of European banks post-financial crisis, including regulatory challenges and the difficulty of earning their cost of capital. The discussion also covers the structural issues in the investment banking sector, emphasizing the need for change to improve profitability.

What was the percentage split of industrywide fee revenue between US and European investment banks prior to the financial crisis?

How has the share of European investment banks in the global fee pool changed from the pre-crisis period to now?

What are some of the additional pressures faced by British banks compared to their European counterparts?

What are the implications of the structural issues faced by investment banks in terms of their profitability?

Why is the timing of restructuring considered a significant issue for European banks?