Volker Wieland regarding the ECB's monetary policy and the impact on banks ("ZDF-Morgenmagazin")
"Not all banks are going to survive the competition in the European banking sector," Volker Wieland said in the "ZDF-Morgenmagazin". Due to the strong competition he is expecting some mergers in the next years.
To the video of the ZDF-Morgenmagazin of April 12, 2016:
"The dangers of zero-rate policy" (video in German, 2:11 min)