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Bank Profit
The banks have still not completely recovered from the financial crisis as
according to the Boston Consulting Group while finance firms created
economic profit of 159bn ($167bn) in 2015 a fifth annual increase the
industry remains 9bn in the red on a cumulative basis from 2009 to 2015
(7).
European lenders have not posted an annual economic profit during
2009 to 2015 (Diagram 5) while in the same period banks in Asia-Pacific,
South America, and the Middle East and Africa have posted an
economic profit every year.
Diagram 5: Bank Profit Ref 6
