Categories Burlington Financial Iowa News Political West Burlington Ominous Selloff in European banks Post author By Falcon Post date February 8, 2016 Click here: “The current environment for European banks is very, very bad. Over a full business cycle, I think it’s very questionable whether banks on average are able to cover their cost of equity. And as a result that makes it an unattractive investment for long-term investors.” said Peter Garnry, head of equity strategy at Saxo Bank. ← Bernie Sanders Beats Hillary in a Lying Contest → Are Electric Cars Really Green?