The simultaneous rate cut by 11 European nations last week could boost U.S. bank shares in the weeks ahead.

Analysts and economists said lower rates in Europe will help U.S. banks doing business there, may make it easier for European institutions to buy banks here, and could prompt the Federal Reserve to follow suit with a new rate cut.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.