European equities are trailing US stocks by the largest amount since 2003 in the first quarter of this year, with banks in the region heading for their worst quarter since 2011.
Last year, European stocks beat US equities by the largest amount in a decade, but the beginning of 2016 has seen the S&P 500 index erase its annual drop in little more than a month. Meanwhile, the...
December 'remains achievable'
Able to monetise its assets
Formal agreement set to be announced soon
Cash holdings continue to grow