European Banking Industry: How Different Are European Banks From U.S. Banks?

In recent years, it seems as though the European banking industry has gone through a collective boom. However, it is still unclear as to whether or not this boom will have positive or negative affects on the actual people of Europe and their banking. As the European banking industry expands in power and as commercial banks continue to merge together, the more havoc this will reek on the attempts of small businesses seeking loans and funding for their endeavors. In the U.S, specialized banking institutions often meet the individual needs of their clients in a much more personal way. While there are many “universal” banks in the U.S., there will be even more in Europe, causing a disconnect between the average person and the corporate banking world. The European ban View the rest of this article


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