Towards a rebound in banking stocks on the stock market? – 08/09/2023 at 08:29


(AOF) – The banking sector could rebound after its fall of 2.7% yesterday following the degradation by Moody’s of the rating of several American banking establishments of small and medium size. In addition, Italy announced an exceptional tax of 40% on the profits of the country’s banks. Following this news, the Italian Ministry of Economy clarified on Tuesday evening that the new taxation could not exceed more than 0.1% of the risk-weighted assets of banks.

The European banking compartment had evolved at half mast yesterday. The Stoxx banking index fell 3.61%. In Paris, BNP Paribas (-3.38% to 57.54 euros) and Crédit Agricole (-2.80% to 11.47 euros) had closed the march of the CAC 40, followed by Société Générale (-1.70% at 25.12 euros).



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