European banks

Brexit Impact: Goldman Trims Estimates For U.K., European Banks

Following the Brexit referendum result, analysts at Goldman Sachs have trimmed their net income estimates for European banks by €32 billion and for U.K. banks by €10 billion for the cumulative period of 2016-18E. Jernej Omahen and colleagues published their June 28 research piece on European Banks after factoring in GS economists’ post-Brexit macro scenarios.
GS cuts U.K. real GDP estimate significantly
Close on the heels of the Brexit referendum, GS economists revised down their expectations for U.K. real GDP substantially by 1.8 . . .


This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

If you are subscribed and having an account error please clear cache and then cookies if that does not work email and we will get back to you as quick as humanly possible

Saved Articles

Are you a smart investor? Join tens of thousands of sophisticated investor reading our authoritative free newsletter

* indicates required

Congrats! Are you a smart person?

We have an exclusive targeted for being a sophisticated and loyal reader.

Sign up for ValueWalkPremium today and get our exclusive content for 35% off.

Use coupon code vip19 or click on the button below

Limited time offer only ENDS 11/30/2019 or after next 25 20 subscribers take advantage whichever comes first – please do not share this discount with others