By: Economic & Finance Report
The US banks revenue from 2015, beat the revenue of Euro banks by almost double in profit. European banks earned $26B last year, compared to their American counterparts, whom earned $43B the same year (2015).
In 2016 the revenue between the two powerful continents will expand wider; especially since Great Britain has made the decision to BREXIT the EU. Analysts believe this will leave a monstrous dent in the financial sector and the banking industry in Great Britain. With no power players in sight; many investment bankers are already inquiring high end employment agencies about referrals and transfer opportunities in the US, or other market driven countries.
I guess to them, the money does not seem to be in Europe right now; well at least not in Great Britain, with economic prices fluctuating rapidly and uncertainty brewing, where else can anyone turn??? Cheerio -SB