Deutsche Bank raised revenue guidance after posting record quarterly profits, while UBS reported an 80% increase in profit to $3bn. The results were boosted by market volatility, highlighting strong trading conditions for major European lenders. The news is clearly positive for the banks’ near-term earnings outlook and could support sector sentiment.
Deutsche Bank raised revenue guidance after posting record quarterly profits, while UBS reported an 80% increase in profit to $3bn. The results were boosted by market volatility, highlighting strong trading conditions for major European lenders. The news is clearly positive for the banks’ near-term earnings outlook and could support sector sentiment.
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Request DemoOverall Sentiment
strongly positive
Sentiment Score
0.72
Ticker Sentiment
