Ukraine Hangover Makes European Banks Look Rougher than They Are

European funding banks don’t are inclined to fare properly in comparison with their extra worthwhile U.S. friends. However the conflict in Ukraine makes some comparisons unfair.

Traders have been upset with the third-quarter outcomes printed by high European banks up to now, with the shares collectively down greater than 3% this week. That is even though a lot of the corporations have truly crushed analysts’ revenue forecasts by an honest margin.