The power of local perspective: where next for European banks?

Today’s less stable and more regionally divergent macro backdrop offers active investors an attractive environment in which to search for market outperformance. The proprietary research and unique perspectives of our global industry analysts (GIAs) are key components of our active investment process.

Of the many sectors our GIAs cover, European banking is among those facing significant change and increasing stock-level dispersion amid greater divergence in monetary policy, technological disruption and industry consolidation. Here, our European banking analyst Thibault Nardin shares his insights on the sector and outlines where he sees potentially compelling opportunities ahead.