European banks surge on strong Q1 results from US peers

European banks surged on Friday, rising to a one-month high, gaining support from US lenders, which reporting better-than-expected results in the first quarter. The STOXX 600 index of European banks gained as much as 3% to reach its highest since mid-March after JPMorgan , Citigroup and Wells Fargo beat estimates.

Apr 15, 2023 - 00:30
European banks surge on strong Q1 results from US peers
European banks surged on Friday, rising to a one-month high, gaining support from US lenders, which reporting better-than-expected results in the first quarter. The STOXX 600 index of European banks gained as much as 3% to reach its highest since mid-March after JPMorgan , Citigroup and Wells Fargo beat estimates.