Lingering concerns on banking sector remain


Improving environment: Customers leave the Bank of America Corp Financial Centre in the Manhattan borough of New York. In the US, things for the banking sector have seen relative improvement.— Bloomberg

GLOBAL banking stocks which use the health of economies as their barometers are trading at around their lowest levels in decades.

This comes amid an environment where major economies have come out of recession and are growing, albeit very slowly – raising questions on the disconnect.

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