Report
Olivier Pauchaut

Financials & Fintech: A slideshow to discuss our views on the sector

Financials & Fintech
A slideshow to discuss our views on the sector
The main topics we discuss in our slideshow are:
• A safe but depressed financial environment…
• … leading to poor earnings/ROE momentum…
• … and some pressure on solvency
• But an ongoing rerating anyway…
• … at the expense of banks…
• … driven by underwriting performance…
• … and shareholder returns

3 Buy ideas
Defensive plays
Provider
Bryan Garnier
Bryan Garnier

Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.

Analysts
Olivier Pauchaut

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