BVTV: Why the banking sector picture is mixed
Having lagged the broader market somewhat last year, US banks are expected to see revenue gains in 2018 as interest rates continue their rise. By contrast, the picture in Europe is less rosy, and earnings catalysts remain hard to find.
Stephanie Betts, an investment specialist in M&G’s equities team, joined me this morning to discuss prospects for bond and equity investors. Tune in to hear us discuss the diverging outlooks.
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