Why European Banks Are Worth Less Than US Rivals & Global Temperatures Hit Record High
Bloomberg Daybreak: Europe Edition
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The Risk of European Banks Pulling Below the Government Guarantee
European banks, of course, still like US lenders in terms of valuation. They trade at much lower multiples. And there's a whole host of reasons why that is the case. Higher interest rates have led to earnings estimates being raised for European banks. But they're not flowing through share prices because investors are looking ahead.
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