A decade after the banking crisis, European banks have made significant progress. But despite comfortable capitalization and increased profits, there is still ample reason for concern as the infographic below, produced in partnership with zeb, shows. With valuations at crisis levels and shrinking market shares, banks urgently need to switch from “recovery mode” to “action mode”. They have to make strategic choices in order to succeed in a rapidly changing competitive landscape. The zeb European Banking Study outlines the major industry trajectories and proposes four strategic options for banks.