Banking Stocks, from Andrea Ravano
At: 4/20 9:59:33
Europe has gone crazy :
Societe Generale + 9.3 pct
Bnp +5.03 pct
Credit Agricole +3.01 pct
Carige +4 pct
Ubs +3.3 pct ( Ex divid 19/4 3 pct)
Credit Suisse +3.63 pct
I'm sure I'm missing some, but ask your indulgence. The process of concentration is underway, although I have a feeling we are close to an extreme. Rumors are hitting the wires; takeovers and mergers are fuelling hot money to the financial sector. I just hope we will not wake up with too much of a headache after the party is finished.