国际股市

European Banks Hit Rate Sweet Spot With Defaults Kept at Bay

European banks had one of their best quarters of the last decade, as rising interest rates and market volatility bolstered lending and trading without yet driving up bad loans.

In a quarter marked by record inflation and fallout from Russia’s invasion of Ukraine, 15 of the region’s top 20 lenders beat analysts’ profit estimates, supported by higher net interest income and debt trading. The 10-largest listed banks in the European Union posted a combined profit of 13.9 billion euros ($14.2 billion), the third-best of the last ten years.