Banking Industry Volatility: Risks and Opportunities Ahead
TL;DR Summary
Bank stocks have lost a quarter-century worth of gains, raising concerns about deposit risks and caution among investors, particularly on midsize banks. Money managers are divided on whether this is a buying opportunity for contrarian investors or a sign that the group is broken. Alger's director of market strategy, Brad Neuman, believes there's not a great place for regional banks in portfolios now.
- Tumbling Bank Stocks Raise Deposit Risks, and Yield a Few Bargains Barron's
- Bank of America won big from the Silicon Valley Bank collapse Fortune
- Inside the Collapse of Silicon Valley Bank The New York Times
- Will another bank fall? Financial Times
- Lessons learnt: On the Silicon Valley Bank episode The Hindu
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