Improving cost efficiency is therefore another strategy some banks should pursue in order to return to more sustainable levels of profitability.
5  Cees Bruggemans, “Dollar & Euro part ways,” Rex Column, 8 September 2014. 4  BIS central bankers’ speeches  As the Fed’s purchases of mortgage backed securities dwindle to nothing, the ECB will buy about 1 trillion Euros, returning its balance sheet to 2012 levels. 6 It will also buy asset backed securities.