Banking ETFs Fall on New Credit Suisse Forecasts
March 29, 2021 at 16:14 PM EDT
The banking sector and bank ETFs could be in trouble, according to Credit Suisse and Nomura, who admonished investors Monday of “significant” damage to Q1 results, after they began exiting positions with a massive U.S. hedge fund that defaulted on margin calls last week. While neither bank...