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'Boring' banks a safe haven in an uncertain world

Investors, brokers recommend sector as cheap, regulated
Monday, June 22, 2015 - 05:50
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When fears of a Greek default are mounting, stock markets are jittery at multi-year highs, and the world's biggest economy is preparing to hike interest rates, the idea of taking refuge in bank stocks might appear to be a hard sell.

London

WHEN fears of a Greek default are mounting, stock markets are jittery at multi-year highs, and the world's biggest economy is preparing to hike interest rates, the idea of taking refuge in bank stocks might appear to be a hard sell.

Yet that is exactly what some investors