Investors Get Ready for More Bad News From European Banks' Earnings

Lackluster trading revenue and Steinhoff loan losses expected
Pressure is on for CEOs of Deutsche Bank AG and Barclays Plc

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By Gavin Finch

January 24, 2018 at 5:00 AM UTC

This article is for subscribers only.

Investors are girding for another batch of bad news from Europe’s biggest banks when they start reporting fourth-quarter earnings, with shrinking margins, rising loan impairments, lackluster trading revenue and one-off tax charges making for a toxic mix.

Deutsche Bank AG is scheduled to report on Feb. 2, followed by BNP Paribas SA on Feb. 6, Societe Generale SA on Feb. 8 and Credit Suisse Group AG on Feb. 14.