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      French bank quarterly: net interest income and strong CIB performance support revenue momentum

      11/7/2025 Research EN

      French bank quarterly: net interest income and strong CIB performance support revenue momentum

      Competitive pressures have intensified but we still expect French banks’ profits to grow this year, supported by retail and corporate and investment banking. But profitability still lags EU peers, as large operating structures weigh on cost efficiency.

      Webinar: Mid-year European banking outlook

      10/7/2025 Research EN

      Webinar: Mid-year European banking outlook

      Wednesday, July 23rd 2025 - 3:00 PM (CEST)

      Santander’s TSB acquisition strengthens UK focus, Sabadell re-focuses on domestic market

      7/7/2025 Research EN

      Santander’s TSB acquisition strengthens UK focus, Sabadell re-focuses on domestic market

      Santander’s acquisition of TSB from Banco de Sabadell reflects a broader trend among EU banks of strengthening core markets via acquisitions, while for Sabadell, it represents a renewed focus on its domestic market.

      Perspectives économiques mondiales : tensions commerciales et géopolitiques pèsent sur la croissance

      20/6/2025 Research FR

      Perspectives économiques mondiales : tensions commerciales et géopolitiques pèsent sur la croissance

      Les économies américaine et européenne connaîtront une croissance plus lente que prévue en 2025, contribuant à un ralentissement de la croissance économique globale. Les perspectives de l’économie mondiale restent orientées à la baisse, selon Scope Group.

      Global Economic Outlook: US, Europe grow more slowly than expected amid trade, geopolitical tensions

      20/6/2025 Research EN

      Global Economic Outlook: US, Europe grow more slowly than expected amid trade, geopolitical tensions

      The US and European economies will expand more slowly in 2025 than previously forecast, contributing to more moderate global economic growth, with risks for the global economy and global credit risk skewed to the downside, Scope Group says.

      BPCE’s acquisition of Novo Banco is a step towards greater European Banking Union

      17/6/2025 Research EN

      BPCE’s acquisition of Novo Banco is a step towards greater European Banking Union

      BPCE’s announcement of the acquisition of 75% of Novo Banco, Portugal’s 4th largest bank, from Lone Star Funds represents an important development in European bank M&A.

      Spanish bank quarterly: trade doubts weigh on asset quality; fees and commissions key to profits

      16/6/2025 Research EN

      Spanish bank quarterly: trade doubts weigh on asset quality; fees and commissions key to profits

      Spanish banks’ net interest margins reached their lowest level in Q1 vs 2024, yet profitability continues to improve, driven by higher loan volumes, sustained growth in fees and commissions and strict cost discipline.

      UK banks quarterly: credit fundamentals still resilient but moderating

      2/6/2025 Research EN

      UK banks quarterly: credit fundamentals still resilient but moderating

      UK bank profitability will remain sound in 2025. Asset quality is weakening modestly but remains resilient, capital is adequate and deposit outflows have reversed. The stable outlooks on our UK bank ratings indicate that risks are broadly balanced.

      UniCredit: Large M&A setbacks will not curb strategic ambition

      30/5/2025 Research EN

      UniCredit: Large M&A setbacks will not curb strategic ambition

      Bolt-on acquisitions and investments will improve the group’s diversification and consolidate its pan-European market position, but transformational deals remain complex and subject to political barriers.

      Italian Bank Quarterly: banks well positioned to weather economic headwinds

      20/5/2025 Research EN

      Italian Bank Quarterly: banks well positioned to weather economic headwinds

      Italian banks are among the most profitable in Europe and the outlook is favourable, even if we anticipate lower profits in coming quarters. M&A may reshape the sector, though execution risks are rising.