European banks are stronger than their U.S. rivals, analysts say

Lending income at many European banks is poised to climb in 2023 and rise further in 2024, amid tightening monetary policy. In a sample of 25 of the continent’s largest banks, 23 are set to record year-over-year increases in

European stock markets were higher Thursday amid hopes that the drama over the U.S. debt ceiling was entering its final stages. The benchmark Stoxx 600 was up 0.3% in afternoon trading, paring earlier gains but pulling away from its lowest

Europe’s stock markets opened higher Thursday, after gains elsewhere, on growing optimism over talks aimed at averting a catastrophic US debt default. In initial deals, London’s benchmark FTSE 100 index gained 0.5 percent to 7,762.20 points compared with

European and Asian stocks rose on Monday as investors cheered German economic data that indicated inflation in Europe’s largest economy was slowing. Europe’s region-wide Stoxx 600 rose 0.2 per cent, extending its rally from last week, while France’s

European stock markets are expected to open marginally higher Wednesday, as investors cautiously await the release of key U.S. inflation data while the earnings season continues. At 02:00 ET (06:00 GMT), the DAX futures contract in Germany traded 0.1% higher, CAC

European stock markets largely edged higher Tuesday, helped by positive earnings from banking giant HSBC ahead of the start of the crucial Federal Reserve policy meeting as well as the release of the latest Eurozone inflation data. At

European stock markets continued positive momentum in the final session of the week, after a slew of corporate earnings beat expectations. The pan-European Stoxx 600 index was up 0.3% shortly after the open, with construction stocks up 1.1%. Utilities led

European shares hit their highest in over a year on Friday and ended their fourth straight week in the green, buoyed by positive earnings from major US banks and hopes of an end to the Federal Reserve’s rate-hiking

European stock markets were higher Tuesday after the long Easter weekend. The pan-European Stoxx 600 index was up 0.6% in morning trade, with most sectors and major bourses trading in the green. Mining stocks pared earlier gains of

European oil stocks rallied on Monday, leading gainers in the region, as crude prices jumped more than 5% following a surprise announcement by OPEC+ to cut production further. The STOXX Europe 600 Oil & Gas index .SXEP was up 3.8%

European stocks climbed on Monday, as a sense of calm returned to markets following a week of turbulence over concerns about banking sector stability after the collapse of Credit Suisse and two U.S. mid-sized lenders. The pan-European STOXX

On Monday, European markets fluctuated, with the pan-European Stoxx 600 index lower in the first hours of trade before moving into positive territory. Even banks reversed earlier sharp losses to trade 0.3% higher. UBS agreed on Sunday to buy rival Credit Suisse for