Recalibrarea sistemului bancar european in contextul noilor cerinte si realitati[Changes in the European banking industry following recent requirements and trends]

As of today any official or informal communication with respect to Europe’s economic future is most of the time accompanied by a unique keyword: „uncertainty”; several factors are at the same time being mentioned: global economy trends, fossil fuels price, Brexit, refugee crisis. With respect to the European financial industry a fundamental factor generates short and medium term uncertainty – the fact that, 8 years since the beginnings of the global financial crisis, the European financial sector, especially the banking industry, is still in transition. Despite the optimism shown by many European officials, the continental banking system is facing an impressive list of challenges. This analysis tries to put into spotlight some of the most important such challenges together with identifying appropriate ways of mitigation.