European Banks Could Benefit from Rising Corporate Borrowing
Dow Jones09-30 18:33
1033 GMT - European banks could gain from the acceleration in eurozone corporate borrowing, UBS Investment Bank analysts say in a note. UBS analysis suggests that the eurozone could be "in the early stages of a large re-leveraging of the private sector", they say. "Accelerating corporate borrowing is a catalyst for a more upbeat outlook." This trend could indicate better European banking growth than valuations suggest, the analysts say.
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