Lates News

Sonja Forster of Morningstar DBRS stated in a report that despite conflicts in the Middle East, the outlook for the European banking sector remains stable. Forster noted that the conflict in Iran could pose a pressure on economic growth in Europe and impact certain industries. She said, "However, due to the profitability and robust capital buffers of the European banking sector, we maintain our stable outlook on the fundamental strength of the European banking sector."