While balance sheets mostly remain strong, profitability was already weak going into the current crisis
Unlike 2008, they are a key part of the solution to this crisis rather than the cause of the problem
As banking sector is largely exposed to leveraged loans and marginally to high yield bonds
The European Court of Auditors suggests tests were too easy on some banks with others left out altogether
Bank for International Settlements concerned low grade credit makes up 45% of issuance in Europe.
Capital levels are five times higher than before the financial crisis, according to Merian’s Lloyd Harris
New regulations and stiff competition will continue to squeeze European banks, according to Aegon Asset Management
When faced with a crossroads in the market, it may pay to be cautious about forecasting macro, argues Ian Heslop, head of global equities at OMGI and manager of the Old Mutual North American Equity Fund
Plans to scrap a class of anonymous shares in Switzerland could deal another blow to the country’s traditionally secret banking practices.
While the Chinese banking sector has been overshadowed by non-performing loans for years, investors should reconsider the sector in 2018, Pictet Wealth Management believes.