从金融危机中七年来，欧洲的大投资银行已经转向新领导人，以推动其战略大规模的下一阶段。12月1日，在今年早些时候在Antony Jenkins离开后，Jes Staley担任巴克莱的首席执行官。在七月，Tidjane Thiam在Credit Suisse中夺走了缰绳而John Cryan成为Deutsche Bank的新老板。
这三面对导航监管和行业障碍的不同挑战。Staley, a onetime heir apparent to Jamie Dimon at JPMorgan Chase & Co., aims to downsize Barclays’ investment bank, including its core fixed-income operations, and increase the group’s reliance on higher-margin retail and commercial banking under a strategy Barclays adopted 18 months ago. Thiam, former CEO of U.K. insurer Prudential, is cutting back Credit Suisse’s investment bank while leading an expansion of its private banking and wealth management operations, especially in Asia. By contrast, Cryan has arguably the toughest job of the three because Deutsche has to stay the course in investment banking; the business is central to the bank’s identity, and Deutsche lacks sufficient scale in retail and wealth management.
Cryan’s predecessor, Anshu Jain, had drafted a plan called Strategy2020 to maintain Deutsche’s commitment to investment banking even while making substantial cutbacks, and to jettison Postbank, the German retail arm it acquired only in 2010. But Jain was a trader by background who had helped build the investment bank, and investors agitated for his removal, dissatisfied at the pace of change.
10月29日，瑞士UBS的前首席财务官哭了，投资者将投资者详细说明他们渴望。在接下来的三年里，德意志将揭示35,000个工作岗位，因为它销售或旋转后击球，退出十个国家，无法提供无利可图的客户，减少交易活动。Cryan还计划改革银行的庞大信息技术系统，其中许多人在据说是“在生命结束之外”并损害银行的合规性能力。
Gone are the days of aggressive international expansion aimed at boosting top-line revenue and market share, said Cryan. But he too urged investors to have patience, saying it would take three years until the new strategy delivered significant improvement.
所有投资银行都需要在当今的环境中做出艰难的选择，以更高的资本要求和减少交易活动，但欧洲银行的选择是最难的。他们的美国竞争对手 - 在危机之后更快地筹集资金并受益于国内巨大的市场 - 多年来享受他们最大的相对主导地位。欧洲人一直在资本上追赶，面对一些增加的监管负担。
U.K.银行必须从投资银行业务中戒指围栏，分开资本支持，以防止市场损失威胁零售存款人的风险。所有欧洲银行都有相当大的美国企业必须在2016年6月建立单独的资本化子公司，然后将遵守联邦政府的综合资本分析和审查流程。巴克莱估计，达到这两个要求的成本将达到10亿英镑（15亿美元）。U.K.贷款人也受到专门的银行征收，将达到第四季度收益，并可以将投资银行单位的股权返回负责。
11月18日，Bank for International Settlements公布了另一套规则,所谓的基础mental review of the trading book, that will require banks to allocate more capital to their trading businesses. Deutsche estimates the change will increase its risk-weighted assets by €100 billion by 2018. Cryan has his work cut out for him. As he told the bank’s investors, “No one can be in denial as to the magnitude of the task.”
Get more onbanking。