Moody’s: solid balance sheets limit contagion for EU banks
A solid balance sheet structure will help European banks buffer stressed market conditions following the collapse of their US peers Silicon Valley Bank, Signature Bank and Silvergate Bank, credit agency Moody’s said.
European asset manager fees recover from coronavirus hit
Management fee revenues by European asset managers climbed by 10% during the second half of 2020 thanks to an increase in assets under management and stronger fund inflows, according to research by Moody’s Investor Service.