European Banks: A Look At Valuation Post-Stress TestsMani
European banks are still trading on a 48% discount to the market on price-to-book and with potential for stronger loan growth and lower provisions, which makes the sector’s relative valuations attractive, notes Morgan Stanley. Morgan Stanley looks at the sector with a focus on valuation after most of the attention this week was on stress tests . . .
This content is exclusively for paying members.
If you are subscribed and having an account error please clear cache and cookies if that does not work email firstname.lastname@example.org or click chat.