have a proper look at the European banks. Take Royal Bank of Scotland for example share price was above £55 in 2007 is now £2.50 so the market thinks it's worth about 4.5% of what it was worth. Great. GetReal LoadOfCrap
And we are about to do it again if the FED keeps raising
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Ten years after Lehman Brothers collapsed, this is where European banks stand nowA decade on, the European banking system is described as 'deleveraged and in a safer position.' But risks remain.
Source: CNBC - 🏆 12. / 72 Read more »