Analysis: Is the Banking Sector Poised for Rebound in Q1?

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Analysis: Is the Banking Sector Poised for Rebound in Q1?

Postby kreslik.news » Thu Apr 13, 2017 11:09 am


The European and US banking sectors have been amongst the hardest hit of any industry in 2016. Heading into 2017 most lenders’ fortunes looked equally dire, given a litany of industry headwinds, Brexit, and the logistics of restructurings. However, the early returns so far in 2017 look quite positive, with financials now reporting Q1 earnings that are beating street estimates.

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The end of 2016 showed most investors – and in less fortunate cases employees – what most of us already knew, that the banking sector was facing an existential crisis, ... (read more)

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