Europe’s Banks Face $330 Billion Capital Gap

Europe’s Banks in trouble… again? Europe’s banking system has undergone a huge overhaul since the financial crisis, but it would appear the sector is still financially weak. If the year-to-date debt issuance figures by European banks are anything to go by, even after a decade of restructuring, Europe’s banking sector is still weak at the knees and supported by extremely patient investors who are prepared to throw money at these struggling instructions in return for some form of yield. Also, see: 2016 Hedge Fund Letters Europe’s banks Face €310 Billion Capital Gap Spain’s three biggest banks, Banco Santander, BBVA and…