Gareth Gore is an associate editor at IFR, where he heads the global people and markets coverage. Since joining the magazine in 2009, he has written extensively on the eurozone crisis, sovereign debt, banking regulation and the international capital markets. He previously worked as a Madrid-based correspondent for Bloomberg, and has also worked for Risk magazine.
- +44 (0) 20 7542 4279
Deutsche Bank faces an uphill struggle to get its investment bank back on track after the return on equity at its flagship business fell back into single figures in the third quarter, to one of its lowest levels since the global financial crisis.
JP Morgan, Bank of America Merrill Lynch and
Major European banks doubled their exposure to government debt in the two years running up to the latest stress tests despite a worsening in the economic fundamentals of many countries, according to an IFR analysis of European Banking Authority data.