An HSBC branch in London. British banks have signalled they expect profits to grow in 2023, despite the precarious economy. EPA
An HSBC branch in London. British banks have signalled they expect profits to grow in 2023, despite the precarious economy. EPA
Why high interest rates could likely result in credit losses for Europe's banks
While rising rates are good news for bank profits, they herald a slowdown in an economy that squeezes borrowers and could prick pricing bubbles
