Europe’s bank bulls see more upside after 21% quarterly gain
• European bank stocks experienced a strong rally in the second quarter, contributing to a total sector index gain of approximately 180% since the start of 2023. • Investors are driving this growth based on the expectation of stronger balance sheets and a significant revival in trading revenues and dealmaking. • The trend matters as it signals high investor confidence in the region's financial stability and growth potential despite broader economic volatility.
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