The trouble some in European may not necessary be bad to all banks.
Some of the bad things could be turned to big opportunities.
It just depends how these banks play the money game.
Just looking back JPM and BAC. They were completely different.
JPM gets a lot of benefit from the US house price collapse in 2008.
It got good deal to acquire some banks at bargain price. While BAC made
wrong acquisition and wrong price. BAC has paid about $50B for all
wrong acquisition.