Markets

European banks – don’t fear the Libra

BOAML | For a while, we’ve been asked by clients how “big tech” might compete with the European banks. This question now seems to need an answer. We think the European banks sector faces plenty of challenges, but a head-on challenge from the likes of Amazon and Google etc aren’t among them, in our view.

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Acciona´s new desalination plant in Saudi Arabia will serve oil company Aramco

Acciona boosts renewable investments: 500MW in 2019, 1,110 MW in 2020-21

Bankinter | The main challenge of the group is the restructuring of Nordex. The market interprets this acquisition as a defensive movement to protect its investment in the turbine producer. A waiting period is now open to see if you are able to recover profitability with this injection of Acciona funds. This greater uncertainty could slow down the evolution of the stock.