European Banks: is there any hope here?

Let’s start with the Chart of the Week – all the credit here goes to @fwred Not new here but with a good chart we can clearly see the obvious: there has been a massive correlation between the performance of European Banking Sector and yields (or bund...

Banks Snapshot October 2019

$DB Deutsche bank and $CBK underperformed massively last month vs Italian and Spanish banks. $GLE Societe Generale: another one to monitor. $HSBA HSBC holding well despite noise. $JPM around 1.5x P/B vs range 0.8 to 1.2x. I hope it helps,...
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