Results plummet in US and European banking sectors
Toivanen, Mervi (12.01.2009)
JulkaisusarjaBank of Finland. Financial Market Report
Julkaisun pysyvä osoite onhttps://urn.fi/URN:NBN:fi:bof-201408075106
The third quarter of 2008 did not see a change in the financial performance of the US and European banking sectors. Instead there was a continuation of the trend of the first part of the year. Operating profits weakened mainly as a result of burgeoning loan losses.