European Banks Are Profiting Like It’s 2007. How Long Can It Last?
European banks are reveling in their highest profits since before the financial crisis, benefiting from an unprecedented rate of rate increases that’s driving a surge in lending income. The question is how long it can last.
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### Instruction: European Banks Are Profiting Like It’s 2007. How Long Can It Last?

### Response: European banks are reveling in their highest profits since before the financial crisis, benefiting from an unprecedented rate of rate increases that’s driving a surge in lending income. The question is how long it can last.