For the Hate of Banks
The Morning Run Crew
26-Oct-16 09:35
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Globally banks are still getting a lot of hate because of the lingering post-crisis stigma. Foreign banks banks seem like they are only one vulnerable step away from a government lawsuit, a situation which is problematic for growth. Locally the regulatory pressures are more muted and valuations are cheap but is it the right time to buy banks?
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Tags: price-to-book, banking sector, financial crisis, Deutsche bank, Lehman brothers, Volcker rule