fbpx
  • About us
  • Advertise
  • Contact
  • Nominate
  • Client’s Voice
  • Login
  • Register
📖 Magazine
The Global Economics
  • Home
  • Banking
  • Non Banking
  • Markets
  • Infrastructure
  • Lifestyle
  • FeatureNew
  • Awards
No Result
View All Result
  • Home
  • Banking
  • Non Banking
  • Markets
  • Infrastructure
  • Lifestyle
  • FeatureNew
  • Awards
No Result
View All Result
The Global Economics
No Result
View All Result
Home Finance

Investors Eye Towards the West as European Bank EFTs Lose

The ultra-low negative trend amid the coronavirus has made investors reconsider European banks

The Global Economics by The Global Economics
November 1, 2020
in Finance, Top Stories
Reading Time: 1 min read
0
Investors Eye Towards the West as European Bank EFTs Lose

Investors Eye Towards the West as European Bank EFTs Lose

44
SHARES
272
VIEWS
FacebookTwitterRedditWhatsAppLinkedInShare Link

With the drastic plunge in evaluations last month, several exchange-traded fund investors have turned to American banks.

Touching the lowest levels on record, the #Stoxx Europe 600 Banks index struck below its 1992 nadir, losing 3% as German Chancellor #Angela Merkel went for a month-long partial lockdown to contain the novel coronavirus. Soon after, France imposed a nationwide shutdown.

Adding to rising Covid-19 cases and tougher lockdowns, both U.S. and European stocks tumble over 5% this week and denial of American lawmakers to come up with economic aid package prior to Nov 3. Europe’s third-largest economy recorded over 500 new deaths in the last 24 hours.

According to the index S&P Financial Select Sector, many U.S. banks #EFTs have progressed with net inflows each month since March as investors opt for sector trading at 1.2 times book value and 16.2 times trailing earnings.

The chief impact on better capitalization of U.S. banks turns out to be interest rate spreads. Ever since 2014, the Eurozone banks have shown a southward growth, limiting the spread banks charge between the deposit rates and lending.

Notably, the U.S. federal fund rates shown improvement and were up 2% in 2019, even though they fell to a virtual zero later due to the pandemic.

Tags: AngelaEFTsStoxx
The Global Economics

The Global Economics

The Global Economics Limited is a UK based financial publication and a bi-annual business magazine giving thoughful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.

Related Posts

Snap Inc. signs MoU with Qatar’s Government Communications office (GCO) to launch a new office in Doha
Digital

Snap Inc. signs MoU with Qatar’s Government Communications office (GCO) to launch a new office in Doha

by Ritu M R
August 10, 2022
Sumitomo Mitsui Bank (SMBC) stages into NFTs with Bare-bones strategy outline in 2022
Crypto & Fintech

Sumitomo Mitsui Bank (SMBC) partners with HashPort to stage NFTs with the Bare-bones strategy in 2022

by Ritu M R
August 10, 2022
Meta Inc. announces first-ever corporate bond offering by raising $10 billion
Technology

Meta Inc. announces first-ever corporate bond offering by raising $10 billion

by Ritu M R
August 10, 2022
Mubadala Capital to acquire Canada Cartage, one of Canada’s leading supply chain service providers in 2022
Mergers & Acquisitions

Mubadala Capital to acquire Canada Cartage, one of Canada’s leading supply chain service providers in 2022

by Ritu M R
August 9, 2022
Oman Oil Marketing Company launches 7th KSA service station in Mecca
Energy

Oman Oil Marketing Company launches new 7th KSA service station in Mecca

by Ritu M R
August 9, 2022
Previous
Next
Previous
Next
Previous
Next
Previous
Next
Previous
Next
Previous
Next
Previous
Next
Previous
Next
Facebook Twitter Instagram Youtube LinkedIn Soundcloud
The Global Economics

The Global Economics Limited is a UK based financial publication and a quarterly business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.

DMCA.com Protection Status

  • Privacy
  • Legal
  • Terms of Use
  • Client’s Voice
  • Server Status

norton verified - the global economics

Latest Posts

Snap Inc. signs MoU with Qatar’s Government Communications office (GCO) to launch a new office in Doha

Snap Inc. signs MoU with Qatar’s Government Communications office (GCO) to launch a new office in Doha

August 10, 2022
Sumitomo Mitsui Bank (SMBC) stages into NFTs with Bare-bones strategy outline in 2022

Sumitomo Mitsui Bank (SMBC) partners with HashPort to stage NFTs with the Bare-bones strategy in 2022

August 10, 2022
Meta Inc. announces first-ever corporate bond offering by raising $10 billion

Meta Inc. announces first-ever corporate bond offering by raising $10 billion

August 10, 2022
Download The Global Economics PWA to your mobile or Desktop
PWA App Download
Download The Global Economics Android App to your mobile or Desktop
Android App
Download The Global Economics IOS App to your mobile or Desktop
IOS App

All Rights Reserved © 2020 | 🇬🇧 The Global Economics, Business Finance Publication - www.theglobaleconomics.uk 🌏

No Result
View All Result
  • About us
  • Awards
  • Magazine
  • Client’s Voice
  • Exclusive Coverage
  • Nominate
  • Login
  • Sign Up

All Rights Reserved © 2020 | 🇬🇧 The Global Economics, Business Finance Publication - www.theglobaleconomics.uk 🌏

Welcome Back!

Sign In with Facebook
Sign In with Linked In
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Facebook
Sign Up with Linked In
OR

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Receive the latest news

Subscribe To Our Weekly Newsletter

Get notified about new articles, delivered right into your email inbox.

-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00
Go to mobile version