Cryptopolitan
2024-04-26 14:51:46

Why Europe banks don’t care about interest rate cuts

As Europe grapples with the economic intricacies of monetary policies, the banking sector seems uniquely poised to benefit regardless of the direction interest rates take. Despite the common assumption that banks thrive solely on higher interest rates, recent developments have revealed that Europe’s major lenders, including BNP Paribas, Deutsche Bank, and Barclays, are not only

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