BNKZ - Growth In European Bank Fee Earnings Stagnates With 1% Annual Growth Rate Since 2008

During the first six months of the year, European banks earned a combined US$13.3 billion worth of investment banking fees - down 14% from this time last year, which makes it the lowest first half-year level since 2016, according to analysis by Refinitiv. In the first six months of 2016, European banks, in comparison, earned US$12.4bn in fees. American banks earned US$25.5 billion - down 12% from H1 2018. In comparison, Asian banks earned US$11.4 billion in the first six months of 2019 - an increase of 3%.

Asian banks saw a huge growth

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