Video
On CNBC's Squawk Box, Mike Kuehnel, a partner with Bain's Financial Services and Corporate Strategy practices, explains why European banks are lagging in the capital markets business and how the region must embrace new technology in order to keep up with American competitors.

How Europe’s Banks Can Recapture the Capital Markets Business at Home
Viewing the business by purpose rather than by product helps bankers determine their next moves to gain profitable market share.