Banks in western Europe have seen a strong resurgence in profitability as its institutions claw back their share of global profitability in The Banker’s Top 1000 World Banks ranking. This is largely due to a reversal of losses among Italian lenders, but also due to higher profits in France, the UK, the Netherlands and Germany.
Western European banks increased their pre-tax profits by $90.6bn in 2017 compared with 2016 results. But across all regions, profitability has increased to a total of $1111.7bn in 2017, compared with $949.64bn in 2016.
