Europe s Bank Earnings to Offer Interest Rate Reality Check usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Spanish perfume and fashion
company Puig said on Thursday it aims to raise between 2.3
billion euros and 2.9 billion euros in Spain s
largest initial public offering in almost a decade. .
Spain s European Union-harmonised annual inflation rate accelerated to 3.5% in January, the highest level among large eurozone economies, as its growth remains solid, while its neighbours are.
European
banks run of soaring profits and record shareholder payouts
faces a big test this week when investors assess how fast the
boost from higher interest rates is fading, and if a weak
economic.
European banks' run of soaring profits and record shareholder payouts faces a big test this week when investors assess how fast the boost from higher interest rates is fading, and if a weak economic outlook will make life tougher. The STOXX Europe 600 banks index hit its highest since mid-2018 this month, propelled by a recovery in profitability thanks to higher rates, record shareholder payouts and little provisioning for bad loans. Retail-focused lenders which earn most of their money from the difference between loan income and deposit costs have benefited most from rising rates, but bigger, diversified banks such as Deutsche and BNP Paribas have also seen profits.