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BCSBNP.PABULLISHCore thesis · 5/5

European banks: a value catalyst from ROE focus

The bullish thesis argued: after a decade of underperformance, European banks like Barclays and French banks are re-rating as management shifts focus from empire building to shareholder value, targeting higher ROEs and buybacks.

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BCS: European banks: a value catalyst from ROE focus · Zortix