European Banking Giants Calm Investor Concerns With Higher-Than-Expected Profits
Four European banks beat third-quarter profit forecasts, while a fifth bank reported earnings in line with expectations, Reuters reported Wednesday (Oct. 28). The banks reporting stronger-than-expected results Wednesday included Deutsche Bank, BNP Paribas, Standard Chartered and Santander, while the one that met expectations was UBS, according to the report. These results reassured investors…
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