Business · Markets · 9 hrs ago

Spanish and European bank shares fall despite record profits

Spanish and European bank shares fall despite record profits

Spanish and European bank shares fell despite banks reporting record profits.

Strong earnings have not been enough to satisfy investors.

Markets want results to beat expectations, not just show high profits.

Investors are also concerned about public debt and economic growth.

Those concerns are weighing on bank shares even as profits reach records.

No next step is stated.

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