Bumper Year for Banks Draws Political Backlash as Slowdown Nears

European banks have enjoyed record levels of net interest income over the last year. That’s tempting some governments to try to tax those profits just as the cycle appears to have peaked. #press

https://www.bloomberg.com/news/articles/2023-08-10/bumper-year-for-banks-draws-political-backlash-as-slowdown-nears?utm_source=press.coop

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