Stock prices have already rebounded. Banco Santander SA, one of the worst stocks of major European banks, has risen by a fifth in the past 12 months. Societe Generale SA more than doubled. The Euro Stoxx Banks index rose by 50%. The story continues under the ad But there areRead More →

Flooding in Altenahr, Germany on July 15, 2021. Martin Seifert via Wikipedia As parts of Europe are still recovering from last summer’s devastating floods, the European Central Bank (ECB) is assessing how commercial lenders would react if flood-prone property were to suddenly lose nearly half of its value. . LastRead More →

By Steve Hussey, Jørgen Kjærsgaard For shareholders of European banks, 2020 was a year to forget. But bank bondholders have enjoyed positive returns and could weather the challenges of COVID-19 again in 2021, supported by strong balance sheets and supportive regulatory conditions. The impact of the coronavirus has increased theRead More →