Banks digest the fall in rates and accelerate the cut in deposit remuneration

Banks digest the fall in rates and accelerate the cut in deposit remuneration

The main photo left by the results of the large listed banks suggests that the sector is managing to weather the storm of rate cuts by the European Central Bank (ECB) in a much more comfortable way than expected. Contrary to the dismal omens that the sector’s main executives anticipated at the beginning of the … Read more