Negative interest rates are the key differentiator preventing European banks from presenting any serious challenge to…
Category: Banks
As businesses hold back, U.S. consumers seen boosting big banks’ profits
NEW YORK (Reuters) – Consumer lending is expected to propel profits for big U.S. banks when…
EU bank to focus solely on clean energy sources starting in 2022
The European Investment Bank (EIB) announced Thursday that it will end financing for fossil fuel energy…
Europe’s largest lender HSBC says pre-tax profits dropped 18% year over year
Europe’s largest lender HSBC reported third-quarter pre-tax profits that fell from a year ago, despite strength in its…