Europe's banks aren't in crisis but their profits are: Austria finance minister
September 29, 2016 at 06:24 AM EDT
The profitability of Europe's banks is in crisis rather than the system itself, the finance minister of Austria told CNBC Thursday, amid speculation over the health of Germany's top banks. "They earn less money and to be resistant against shocks you have to make more profit, and that's a common opinion from the International Monetary Fund, from the World Bank, from...