Emerging downside risks, including credit risk and fair value losses, are also reflected in the subdued market valuations of euro area banks.
This shows that investors are still sceptical about the long-term sustainability of banks’ elevated earnings
https://www.bankingsupervision.europa.eu/press/speeches/date/2023/html/ssm.sp231219~421bbae836.en.html

🐦🔗: https://nitter.cz/ecb/status/1737037537443471829#m

[2023-12-19 09:09 UTC]