Swiss Economicblogs.org
After facing serious challenges, banks in Europe and the US show signs of recovering. Earnings have been decent this year as a number of headwinds fade.Although third-quarter 2017 earnings results were mixed in Europe, compared with a better season in the US, 2017 is still set to be the first year of consistently decent earnings for banks after several years of disappointing results, especially in Europe. The market has noticed the improvement, and the sector has outperformed in recent...
Read More »Banks: the outlook improves on both sides of the Atlantic
