UK lenders' shares surge after favorable court ruling on car finance mis-selling case, reducing potential compensation liabilities.
Mitsubishi UFJ, Japan's largest bank, reports a 1.8% decline in Q1 profit, but beats estimates due to steady loan demand and improved lending margins.
Investors focus on growth and value stocks with strong fundamentals, while cautioned against seemingly profitable companies facing challenges like slow growth and shrinking margins.
UK lenders' shares surge after favorable court ruling on car finance mis-selling case, reducing potential compensation liabilities.
Mitsubishi UFJ, Japan's largest bank, reports a 1.8% decline in Q1 profit, but beats estimates due to steady loan demand and improved lending margins.
Investors focus on growth and value stocks with strong fundamentals, while cautioned against seemingly profitable companies facing challenges like slow growth and shrinking margins.