Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
margins and fees had fallen very low in 2007, but have shot up since the financial crisis, for a simple reason: long term liquidity has become rarer and a lot more expensive for banks and thus for their clients. But the overall cost of debt (margin + cost of funding) has thankfully not increased as much as the underlying money rates (EURIBOR et al) have gone down.

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Thu Nov 19th, 2009 at 02:27:22 PM EST
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