BNP's Lemierre Sees Domestic Bank Consolidation

The video discusses various challenges in the banking sector, focusing on sustainability, monetary policy, and regulation. It highlights the progress European banks have made over the past decade, including increased capital bases and reduced NPLs. The discussion then shifts to consolidation trends, both domestic and cross-border, and the role of asset management in large banks like BNP Paribas. The video concludes by emphasizing the importance of strong asset management and adaptation to changes in the banking industry.

What are the expectations for consolidation in the European banking sector?

How does asset management play a role in the consolidation of banks?