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Banking shares under pressure as investors fear effects of global downturn

Discussion in 'Market News' started by Lily, Feb 10, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    China, emerging markets, the eurozone, oil and commodities all pose a threat to the banking sector this year

    Banking shares have come under pressure this week as investors express fears that the sector will be badly hit by a global economic downturn. Financial institutions have strengthened their balance sheets since the 2008 financial crisis, but they could be in for a turbulent year if potential flashpoints such as emerging markets or the energy sector produce a cascade of debt defaults. Here are the five biggest threats to the banking sector:

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