European Banks Look to Recover from Scandals in 2019

The video discusses the challenges faced by European banks compared to US banks, highlighting issues such as profitability and economic strength. It explores potential strategies for reviving European banks, including monitoring fourth-quarter numbers and ECB's loan policies. The video also addresses scandals like money laundering and the Dansker affair, emphasizing their impact on the banking industry. Finally, it delves into the ongoing investigation of Goldman and 1MDB, considering potential repercussions on client relations and business operations.

What role does the ECB play in supporting European banks?

What are the potential repercussions for Goldman Sachs related to ongoing investigations?