Hello Share Tweakers. It still takes courage to commend a bank, but if we ignore the big ones we may be missing out on the financial recovery that's going on. Look at how Lloyds (LLOY) shares, for example, have increased in the last few weeks. Any road up, today's commendation is Standard Chartered (STAN).
Hello, Share Timers. You may think I’m mad to recommend looking at any banks at the moment. The doomsayers warn of the possibility of a second spike which would kibosh the chances of banks collecting on loans and cause them other nightmares, too. But we do seem in recovery now. And though British banks lost two-fifths of their value compared to many other sectors, they could be fast to bounce back...
Banking shares aren’t exactly in favour at the moment, with concerns over the lasting impact that Covid-19 is going to have on the economy in general, and as if that wasn’t enough, any banks wirth major dealings in Hong Kong have suffered a double whammy due to the escalation of the situation with China.
Hello, Share Magnates. Given my general wariness of banks - even though I own quite a bit of High Street bank stock - I have not lately featured Standard Chartered (STAN). But, unlike the big four British banks, Standard Chartered has released some encouraging figures for the third quarter of this year...
Banks have had a torrid time over the past few years, and few have been hit quite so hard as Standard Chartered (STAN), but this could present a longer term buying opportunity.
