FTSE 100 live: London markets to rise on back of strong Microsoft, Alphabet earnings; All eyes on US PCE inflation
The ECB has been keeping zombie banks alive A decade after the outbreak of the global financial crisis, banks in the euro area have still not recovered. The Eurozone financial stock index is 65 per cent below the pre-crisis peak, whereas the US S&P financial index has come close to the pre-crisis level. The varying fates of financial institutions is due to the [...]