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JPMorgan cuts European banks 'overweight' against US banks to 'neutral'

By Michele Maatouk

Date: Tuesday 25 Mar 2025

(Sharecast News) - JPMorgan Cazenove said on Tuesday that it was remaining positive on European banks, moving from 'overweight' Europe versus US banks to 'neutral', considering the discount of just 16% for Europe to US banks today.
"We retain our positive view on the European banks sector following our initial assessment...

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