CITY VIEWS: ARE THE BANKS ON THE ROAD TO RECOVERY?
PIYUSH TRIPATHI | DEUTSCHE BANK
“Revenue is rising and so are the number of jobs at the bank, which are both strong signs of growth and recovery. People weren’t ready for the slow when it happened and now they are more cautious, so this recovery isn’t a superficial one. A fall in the sector is not likely to happen in the near future.”
PETER GYOURY | TPP
“As far as I can see, the banks are starting to recover as most of them have written off large chunks of debt. All of the banks so far have posted positive results, it’s not just Lloyds and Deutsche Bank.”“As far as I can see, the banks are starting to recover as most of them have written off large chunks of debt. All of the banks so far have posted
positive results, it’s not just Lloyds and Deutsche Bank.”
JARED SETH | GLOBAL AEROSPACE
“The banks will continue to recover and make a profit. However, what is on the decline is the appetite to regulate the banking sector as it seems that the inclination to deal with the problems is subsiding.”