The Latest Breaking News from Foreign Banks

U.S. banks look likely to face pressure from elevated deposit costs, prolonged high interest rates, deteriorating asset quality, and stringent lending standards. Therefore, it could be wise to look beyond borders and buy fundamentally strong financial stocks Woori Financial Group (WF), Erste Group Bank (EBKDY), and Banco Santander (SAN). These…

Citigroup (C), the third-biggest U.S. bank by assets, will publish its first-quarter earnings on April 12. C has undergone an overhaul with several key restructuring initiatives across its business over the past year. Is the bank poised for rebound post-earnings? Read on to learn my view.

Morgan Stanley (MS) will release its fourth-quarter earnings on January 16. The bank is expected to report marginal revenue growth over the prior-year quarter, but its EPS is expected to decline. With green shoots visible in dealmaking, should investors consider investing in the stock now? Let’s discuss what investors need…

Wells Fargo & Company (WFC) will release its fourth-quarter earnings on January 12. The bank is expected to report growth in revenue over the prior-year quarter, but its EPS is expected to decline. With the Fed expected to cut rates this year, will it be wise to invest in WFC…

Citigroup (C) stands poised for long-term growth owing to its strategic launches, notable loan agreements, and transformative restructuring. However, impending current profitability and stability concern what to do with the stock, with its earnings release around the corner? Read more to find out.

America’s second-largest bank by assets, Bank of America (BAC), will release its fourth-quarter earnings on January 12. The bank is expected to report year-over-year declines in revenue and earnings. With the Federal Reserve indicating three rate cuts this year, is BAC worth buying now? Read on to learn my view….

The banking industry displayed admirable resilience and stability in 2023. Amid the banks' efforts to streamline their structures, honing in on core operations – there are projections of higher costs in the short term, inflicting some degree of impact on immediate bottom-line growth. Given this backdrop, quality foreign bank stocks…

The profitability of U.S. banks will likely remain under pressure due to a slowing U.S. economy, high-interest rates, the possibility of CRE defaults, rising credit card debt, and deteriorating asset quality. In this scenario, it could be wise to look beyond borders and buy fundamentally strong foreign bank stocks Banco…

The U.S. banking industry has been facing several headwinds, including slowing loan growth, stricter capital requirements, rising deposit costs and credit rating downgrades. Amid the uncertainty surrounding the U.S. banking industry’s prospects, it could be wise to look beyond borders and buy fundamentally strong foreign banking stocks Barclays (BCS), Agricultural…