European Banks' Earnings Season Analysis

The chapter delves into the performance of Europe's biggest banks during the earnings season, examining the impact of inflation on central bank interest rate decisions. Insights from JP Morgan's research team and discussions with experts provide forecasts for banks’ profitability and net income expectations. The chapter highlights the differing performances of Southern European banks compared to their counterparts in other regions and discusses the challenges and outlook for European banks in investment banking and trading in comparison to US banks.