 "banks")
Banking stocks had a roller coaster ride over the last few months. Cases of fraud have changed the way banking sector was looked at. While the fraud related cases are restricted to a few banks as of now, the fear that more issues could come up has made investors looking at the true book value of banks in a more prudent way. The biggest question is, what is the true book value of banks adjusting for all the stressed assets?
While the sector was already struggling with the above issues the rising bond created further trouble. However, the regulators’
While the sector was already struggling with the above issues the rising bond created further trouble. However, the regulators’
