CICC: European Investment Bank will benefit from US investment activities

Jinshi data news on November 14th, compared with American investment banks, JPMorgan Chase has a long-term preference for European investment banks. Analysts wrote that although US bank stocks have pumped reasonably after the election, due to the expectation that the regulatory environment will stabilize and investment banking activities will be active, the market seems to have digested the positive measures the new government may take on the valuation of US banks, but there has been no reaction to the valuation of European banks. They said, 'We believe that this momentum will continue in the short term, and the good trading environment in the stock and credit markets in the fourth quarter so far also supports this momentum.' European investment banks will also benefit from the increase in client activity levels. JPMorgan Chase prefers banks that target non-net interest income and rates global investment banking zones as 'hold'.