‘UK Banks Remain Very Strong and Stable’

From Morningstar: 2024-05-15 07:21:00

Sebastiano Pirro, CIO of Algebris Investments, discusses the benefits and challenges of running a large fund. He expresses optimism for the European banking sector in 2024 and explains the factors driving their fund’s performance. Brexit’s impact on the financial industry is analyzed, with key holdings in Intesa Sanpaolo, Santander, and Barclays explained. Additionally, Pirro agrees with UBS CEO’s criticism of European regulators.



Read more at Morningstar: ‘UK Banks Remain Very Strong and Stable’