How did the events of 2023 impact global financials? What do interest rate expectations mean for banks? And how are banks faring in early 2024?
In this podcast, Douglas Branson, Head of Business Development at Algebris and Benjie Creelan Sandford, Equity analyst at Algebris, discuss the banking sector and outline the opportunities in financial equities.
Resilient Net Interest Income and good asset quality: European banks’ earnings revised higher
Is the European banking sector still attractive? The banks’ net interest is proving resilient even as interest rate expectations come down – especially in Europe, while banks are also reducing their interest rate sensitivity via hedging activity and asset quality also remains benign.
With this backdrop, active managament will continue to be even more crucial. Watch the video in which Benjie Creelan Sandford discusses the banking sector.
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