Europe's Corporate Balance Sheet Is Improving, But…..
Europe’s corporate balance sheet is improving that’s according to analysts at BCA Research. Unfortunately, this claim comes in the same week that Italian bank Monte dei Paschi di Siena has been named as one of the weakest banks in Europe, a development which may overshadow the improving health of other European corporates. Deutsche Bank Is Not The Only Problem Among European Banks BCA’s claim is based on the results from the firm’s European Corporate Health Monitor, which uses a combination of six financial ratios that calculate the financial health of the non-financial corporate sector, using macro data from the European...
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