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Even so, UniCredit executives said on Monday that once the merger with HVB goes through they would seek to cut around 9,000 jobs, or about 7% of the current workforce, over the next three years.Yet another factor inhibiting pan-European banking mergers is the justifiable scepticism over the benefits of such deals.
Rather than pay the higher prices needed to secure banks in other countries banks prefer the rewards of domestic consolidation.One factor inhibiting pan-European banking mergers is the justifiable scepticism over the benefits of such dealsA further obstacle to consolidation is that cross-border mergers in Europe are difficult to pull off.
Quine doubts that the gloss is justifiable; scepticism about the theorizing, however, is not scepticism about the data.
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They were not stupid people but, as would also happen the next year with D-day, the crucial flaw was their (justifiable) fear that any intelligent scepticism, once their Führer had become convinced one way or another, would result in blistering rage, exile or worse.
But there are justifiable reasons to treat their proclamations with scepticism.
This suggests that Wolff's concern is better understood as scepticism about whether it is justifiable to surrender one's judgment wholesale to the law.
If that sounds improbable, however, your scepticism may be justified.
Justifiable pleasure?
Justifiable favourites?
Or at least justifiable.
Is that justifiable?
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com