What are 'zombie banks'?

Zombie banks are sapping the life out of the global economy. Tim Bennett explains what they are, why they are allowed to exist and why they must be allowed to die.

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Zombie banks are sapping the life out of the global economy. Tim Bennett explains what they are, why they are allowed to exist and why they must be allowed to die.

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Ed Bowsher
Ed Bowsher

Ed has been a private investor since the mid-90s and has worked as a financial journalist since 2000. He's been employed by several investment websites including Citywire, breakingviews and The Motley Fool, where he was UK editor.

 

Ed mainly invests in technology shares, pharmaceuticals and smaller companies. He's also a big fan of investment trusts.

 

Away from work, Ed is a keen theatre goer and loves all things Canadian.

 

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