The banking sector’s worrisome low valuations have the potential to spark a financial crisis, fund managers said.
Tag: Banks
European banks remain under pressure
Concerns over European banks facing systemic risks are overblown, but challenges such as negative rates are pressuring margins, according to Edmond de Rothschild Asset Management.
CCB now considered `too big to fail’
The mainland’s China Construction Bank has been added to the list of “global systemically important banks”.
Spotting cheap shares in China turmoil
Nikko Asset Management Asia has an overweight view on China and the firm used the recent market correction to increase exposure to Chinese companies listed in Hong Kong, said Peter Sartori, head of equity.
