Negative rates one of many pressures on bank business models, Lautenschläger says
Nouy and Lautenschläger field questions following annual report
The low interest rate environment is one of a handful of pressures on bank business models in Europe, one of the region's top supervisors said today (March 23), suggesting it should not attract undue focus.
Danièle Nouy and Sabine Lautenschläger, chair and vice-chair of the European Central Bank's (ECB) supervisory board, were quizzed on the impact of negative rates during a press conference in Frankfurt.
The ECB's governing council cut its deposit rate to –0.4% this month. Lautenschläger
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