In EU, Banks have changed their behaviour lately, e.g. as acting liquidity providers to certain markets like notes etc.
Introduction of Basel III is probably one reason (tighter capital and liquidity requirements). Due to new stress tests, some of European banks are seen to be in bad shape.
Anyhow, Basel III is not yet finished. How banks are expected to change their lending or market making behaviour during the end of this decade? Is it possible to estimate, what sectors are going to get hurt?