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As QE bites, bank stocks prove to be a not-so-safe haven

Some investors expected to pull back since tougher central bank policies and cost-cutting are still in play
Monday, November 23, 2015 - 05:50

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In one recovery story, ABN Amro returned to the Amsterdam stock exchange with an IPO last Friday for the first time since its near-collapse and renationalisation during the 2008 global financial crisis.

London

AFTER a disappointing third-quarter performance, European bank stocks are losing their shine for some investors despite hopes for a rebound in lending conditions and an end to years of post-crisis balance-sheet clean-ups.

Chief among investor concerns is the pressure on

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