Herro: Continue to Build Our Position in European Banks

The video discusses the impact of Article 50 on banks like Lloyds and RBS, highlighting their strong capital positions and ability to absorb uncertainty. It examines the resilience of European banks post-2016, noting their unexpected growth and reduced loan losses. The discussion shifts to investment strategies, focusing on Credit Suisse and the implications of their RMBS settlement. Finally, it explores international banking trends, emphasizing stability and the potential for banks to act as utilities with high dividend yields.

What are the potential reasons for Lloyds and RBS to consider an IPO of their units?

What does the speaker mean by saying that banks will become more of a utility?

How do banks respond to changes in the macro economy according to the text?