Feb
09
Morning Agenda: Investor Nervousness Over Banking Giants
ByINVESTOR NERVOUSNESS OVER BANKING GIANTS |Worries about the world’s biggest banks have already played out in the stock markets as their shares have plunged, but there are also ominous signs in markets used to bet on the creditworthiness of large financial firms, Peter Eavis reports in DealBook.
The KBW Nasdaq Bank Index, a benchmark for the banking sector, was down more than 3 percent on Monday and had lost nearly 20 percent of its value this year…