• TRM (USD/COP)COP 3,237.83 +0.30% +COP 9.57Colombia's official exchange rate (Financial Superintendence), valid Nov 7 to Nov 9
  • EuroCOP 3,615.02 +0.30% +COP 10.68Reference: TRM crossed with the European Central Bank rate of Nov 6; not the market quote
  • Mexican pesoCOP 173.11 +0.30% +COP 0.51Reference: TRM crossed with the European Central Bank rate of Nov 6; not the market quote
Quilla NewsFinance & Technology
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European banks rebound 4.6% after 15% October selloff

FinanceInternationalmerca2.es15 s readAI summary
Image: merca2.es

The banking sector is back in the investor debate after correcting 15% in October and rebounding 4.6% over three sessions. According to the text, the trigger was not the earnings season, and the market is already pricing in a slowdown in interest rates and pressure on net interest income. Santander is in focus with 27.5% upside.

Read the full story at merca2.es

IASummary generated by artificial intelligence from a story by merca2.es. It may contain errors: the original source prevails.

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