Europe’s major banks signal caution as ominous outlook tempers profit wins
From Yahoo Finance: 2025-04-30 10:53:00
Big European banks are maintaining ambitious targets despite threats to future earnings due to global trade war fears. Banks like Deutsche Bank and Barclays have reported strong profits, but uncertainty looms as customers show caution. The economic outlook is unpredictable, with concerns over lower loan demand and credit quality erosion.
As banks face an uncertain future, some are turning to domestic lending to offset potential trade finance losses. Santander and Societe Generale are seeing growth in their retail and investment banking divisions. BNP Paribas is preparing to capitalize on opportunities arising from economic slowdowns, M&A, and restructuring activities. European banks are bracing for challenges ahead.
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