Feb
08
Nervousness About Global Banking Giants Intensifies
By
A gold bar. Yield on the 10-year Treasury note has declined, but the price of gold is up. CreditSimon Dawson/Bloomberg
An unsettling trend has emerged from the heavy selling that sent global markets tumbling this year: Investors are getting nervous about the world’s biggest banks.
The concerns about the banks are clearly reflected in the stock markets, where shares in banking giants are plunging. But there are also ominous signs in markets that investors use to bet on the perceived creditworthiness of large financial firms…
Nervousness About Global Banking Giants Intensifies
