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ING |
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Bank of America Merrill Lynch |
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HSBC |
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UBS |
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Lazard |
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HSBC |
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Barclays |
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Deutsche Bank |
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Best bank in western Europe
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Ralph Hamers has transformed ING, allowing it to make its final payment to the Dutch state in November |
Growth returned to the eurozone in 2014 – but banks still face an array of challenges in western Europe. In the macroeconomy, businesses have remained wary of risks to the recovery, including the fallout from a possible Greek exit from the euro. Low or negative rates are hurting interest margins, while the banking regulatory onslaught continues unabated.
The institutions that have won best bank awards in this region are those that have acted early to adapt their businesses to these new realities, and of all of them, ING stands out in this regard.