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Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
Whither interest rates? This is the question that most European bank investors would like answered. Higher rates have benefited those banks with higher proportions of variable-rate loans on their books. These include Italian and Spanish banks whose share prices have been top performers this year.
Both the European Central Bank and the Bank of England are edging towards cutting rates — albeit slowly. Investors should…
