Now that first quarter results for European and U.S. banks are in, it’s apparent that the volatility in the first quarter led to exceptional profits for some U.S. banks’ equities trading businesses, driven by volatility trading in their domestic franchises. However, European banks could not […]
Ahead of this week’s 23rd annual European Financials Conference in Paris — one of Goldman Sachs’ longest-running events in Europe — we sat down with Jernej Omahen, head of European Financials Research, to discuss the challenges facing Europe’s banks and […]
Changing regulation, consolidation and European populism were talking points for over 800 investors, bank executives, regulators and policymakers who attended the 22nd Annual European Financials Conference, Goldman Sachs’ longest-running event in Europe, last week in Frankfurt. Goldman Sachs Research’s Jernej Omahen discusses […]
Before you join a European bank on Wall Street, you might want to consult the charts below. They’re from Deutsche Bank and they’re not pretty. Basically, they say that some European banks in the U.S. are either unprofitable or barely […]
