Banking Revival? Barclays and UBS’ Q1 Earnings Don’t Disappoint

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Banking Revival? Barclays and UBS’ Q1 Earnings Don’t Disappoint

Postby kreslik.news » Thu Apr 27, 2017 9:44 am


Just a few weeks after US lenders posted positive Q1 earnings, many were wondering whether European banks would follow suit, given the industry had been one of the hardest hit in 2017. Concerns over the death of the traditional European banking sector were allayed for at least one quarter however, as Barclays and UBS each saw strong earnings in Q1.

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Barclays, like many other UK lenders have been dealing with the rigors of a Brexit schism, with many other industry headwinds collectively eroding profits, and tangentially, investors’ confidence. However, the group’s latest ... (read more)

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