Replenished firepower and higher interest rates will give Europe’s banks an ideal opportunity this year to reverse recent underperformance and claw back market share from rivals in the United States, industry experts say. European lenders lost ground to Wall Street rivals during the pandemic because volatile markets boosted the earning power of U.S. banks’ outsized .
By Lawrence White and Iain Withers LONDON (Reuters) - Replenished firepower and higher interest rates will give Europe's banks an ideal opportunity this year to reverse recent underperformance and claw back market share from rivals in the United States, industry experts say.
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