European banks have returned to favour thanks to the prospect of higher rates. However, QE tapering in the eurozone will only happen after the European Central Bank (ECB) has delivered on its monetary policy and for this to happen, it needs to ease the regulatory pressure on banks.
Until recently, the European banking sector has been regarded as non-investable. Low rates, geopolitical changes, oil exposures, regulations, and non-performing loans (NPLs) have been the general pitfalls...
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