Journal of
Italian
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Archive » February 2013 » Cost reduction and structural adjustment in European banks

Cost reduction and structural adjustment in European banks

Giancarlo Durante, Luigi Prosperetti
February 2013 - n°2
Jel codes: G01, G21

In 2012, European banks have implemented sharp cost reductions strategies and introduced profound changes, influencing personnel policies and wages. Italian banks are facing a difficult challenge and are taking actions to pursue significant levels of profitability and giving a contribution to recovery, thus creating concrete employment and development opportunities

 

 

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