CARGA_INICIAL20200528
En este artículo se aborda el posicionamiento comparado de los bancos en Estados Unidos y Europa, poniendo de manifiesto que en ambos casos existe una considerable dispersión entre entidades.
Deposit beta pass-through appears to be slower this time around relative to previous episodes of monetary tightening. While understanding the rate of pass-through requires a holistic examination of banks’ pricing strategies, ultimately competitive pressures will culminate in driving up deposit beta over time.
Este artículo estima, en primer lugar, la función de respuesta de esos
dos segmentos del negocio bancario a la variación del euríbor y argumenta, en segundo lugar, por qué se está produciendo ese desfase.
After years of US outperformance, last year marked an inflexion point in the relative performances of the European and US banks in terms of both their market values and earnings. The relative outperformance by the European banks went a long way to close the sizeable profitability and valuation gaps opened up between the two systems more than a decade ago.
