Regional Banks: Sensible Choice For Shifting Financial Landscape [View article]
There is no reason why bank-"survivors" should be good investments long term.
IMO banks are facing an ugly future...cheaper ways to reach customers,less branches,higher competition,lower margins as% of deposits,costly layoffs,stagnant or reduced dividends...not necessarily related to current troubles. Ask newspaper execs for details...
For some reasons many investors believe the credit crunch is the ONLY reason why bank stocks got crushed. According to my calendar it's 2008,NOT 1990.
Regional Banks: Sensible Choice For Shifting Financial Landscape [View article]
IMO banks are facing an ugly future...cheaper ways to reach customers,less branches,higher competition,lower margins as% of deposits,costly layoffs,stagnant or reduced dividends...not necessarily related to current troubles.
Ask newspaper execs for details...
For some reasons many investors believe the credit crunch is the ONLY reason why bank stocks got crushed.
According to my calendar it's 2008,NOT 1990.