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Listen "Financials: one of the few sectors with expanding profits"
Episode Synopsis
Banks lost half of their revenue from interest and now these revenues are expected to go up by 20 to 30% over the coming two to three years. Financials are therefore one of the few sectors where profits have expanded and expectations for future profits have gone up.Listen to Sebastiano Pirro (CIO & Financial Credit Portfolio Manager, Algebris Investments)
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