European Banks Reach for the Silver Linings Playbook
European bank stocks have solidly beaten their American rivals for well over two years, and the signs are that President Donald Trump's chaotic assault on global politics and trade will continue to fuel that trend. BNP Paribas SA of France gave a surprisingly upbeat outlook as the first from the region to report quarterly earnings Thursday, raising hopes that its peers will also have good news for investors this week.
The big theme is America's trade-war disruption should be offset by investment ramping up in Europe and corporate clients seeking new supply chains and markets to sell into. On the pure finance side, corporate treasurers are looking to diversify sources of funding and investors are considering havens away from dollar-denominated markets, which should also help Europe's bankers.
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40 minutes ago
- Yahoo
Trump's ‘Big Beautiful Bill' Would Slash Medicaid & SNAP: 3 Moves Retirees Should Make Now
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Hamilton Spectator
an hour ago
- Hamilton Spectator
New crime novels feature a locked-room mystery, a Scarborough stabbing and a Jan. 6 insurrectionist
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Yahoo
an hour ago
- Yahoo
California gov describes Trump's deployment of National Guard as 'the acts of a dictator'
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