- EUR 1 trln would be bullish
- EUR 500 bln would be slightly disappointing
- QE will have profound impact on European banks
- will bring stability but low rates will destroy margins
CEO Anshu Jain on Rtrs, prob from Davos and in cautionary mode
Do you agree with his analysis ?
Earlier I noted that Nowotny may be lessening expectation of the ECB tomorrow
DB’s Jain – QE very much a double edged sword