ECB: Euro Corporations getting poor yields from their banks
The results of the EuroFinance Corporate Treasurers 2023 Survey makes interesting reading. Treasurers were asked what effective rate should a company earn on bank funds? …
US: Sleepy Money Drives Record Bank Profits in Q3
The rise in interest rates is driving bank profitability in a way not seen since before the Global Financial Crisis. Lower provisions have added further to the record figures. …