Wednesday 21 November 2018
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theborneopost - 15 days ago

European banks’ beauty only skin-deep

LONDON: Europe’s top banks may have survived a milestone test of their resilience but strengthened balance sheets count for little when they generate such meagre returns compared with US rivals, investors say. The European Banking Authority stress test results on Friday showed the sector in reasonable financial health, with a clean sweep of 48 lenders [ ]

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