Bank Revenues Down In Europe But Stable In The U.S.VW Staff
Deutsche Bank Research analysts Jan Schildbach and Claudius Wenzel analyze the factors leading to a sharp divide between the performance and outlook of the European banks vis-à-vis their U.S. counterparts.
“On the one hand, US banks are back at pre-crisis record profitability levels – indeed, in Q2 this year they reported their highest quarterly net income ever (USD 42 bn). On the other, European institutions are struggling to find new ground in a profoundly . . .
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