European Banks

European Banks

There seems to be a perception in the market today that shareholder payouts can improve after Basel compromise to no significant increase in overall capital requirements. There may be some leeway here for M&A too.


Lloyds, ABN Amro, KBC and Danske Bank (some of our preferred European banks are in Benelux and in Scandinavia) are up by around 3-4% today. French banks are performing especially well too.