Markets
7.2
US Bank Stocks Post Worst Weekly Streak Since 2008 Crisis
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SeverityHighAssessedDeveloping storyParkietLow-rated sourceUS
Spain's six largest banks reported a combined net profit of €29.2bn for the first nine months, up 15% year-on-year, driven by higher interest margins and cost control. The results signal continued profitability in the Spanish banking sector, though sustainability depends on interest rate trajectory and loan demand.
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