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TEXT - Fitch says banks' capital markets outlook brighter but still tough
Reuters: Financials
Wed, 23 Jan 2013
(The following statement was released by the rating agency) Jan 23 - The outlook for major U.S. banks' equity trading and investment banking businesses may be brightening somewhat in early 2013, but weak volumes and a still sluggish M&A environment are likely to hold back revenue growth in the near ...
Several European banks have proved their mettle amid the continent's financial turmoil and are well-positioned for long-run growth, says Janus Overseas manager Brent Lynn.