European bank stocks' Q3 profits broadly beat expectations, easing concerns over a slowdown in earnings.

Zhitong Finance APP has learned that Deutsche Bank (DB.US), BNP Paribas, and Santander (SAN.US) all reported third-quarter profits exceeding market expectations on Wednesday, while UBS (UBS.UD) accelerated its share buyback pace, alleviating investors' concerns that the multi-year banking profit boom is losing momentum. Standard Chartered (02888.HK) struck an optimistic tone, with third-quarter profit significantly beating expectations driven by wealth management and global markets businesses, and raised its revenue and profitability targets.