Bundesbank’s Dombret: Low interest rates are causing pressure on bank earnings - BBG TV

Speaking on Bloomberg TV, Andreas Dombret, member of the board of the Deutsche Bundesbank, said that low interest rates were causing pressure on bank earnings, as reported by LiveSquawk.

Key quotes (via LiveSquawk):

• Frankfurt & Dublin are both ‘attractive banking centres’
• Will not accept ‘letterbox banks’ in Frankfurt