Editorial: Safety First

Editorial: Safety First

Richard Jory

Like shaking off the winter blues, investors are struggling to overcome their concerns about bank credit risk. Despite the billions of dollars of profit that most banks – with honourable exceptions – are now reporting, it is making only a slither of difference to investor confidence. Many seem to look at the banking sector as a whole, and their trust in that group remains brittle or non-existent.

Arguments are never won by single examples, but in this case a multitude of products issued this

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