Greece EM→DM Reclassification: Trading the Passive Flow Dislocation
Greece’s EM→DM shift is structurally positive but mechanically disruptive, with ~$13bn of index turnover driving short-term dislocations and...
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Southern Europe Bank Screens; Picks for 2021
As 2021 Southern Europe bank picks, Unicredit, BPER and BBVA, Caixaban-Bankia stand out in terms of valuation, capital strength and credit quality
356 Views
European Banks: Screening for Value January 2020
High liquidity in markets and improving investor risk appetite appear to be driving the rotation into equities and especially value stocks, which...
602 Views
Eurobank: Battle-Hardened and Transformation Bound
Eurobank Ergasias Sa (EUROB GA) FY18 results were satisfactory. The bank is now weaned off ELA, pays a tax rate of 33% for the first time in many...
429 Views
Greek Banks: Jam Tomorrow?
To an outsider, Greece seems to be moving in the right direction, especially in terms of fiscal targets and economic activity. The country...
438 Views