The banks are in a very bad shape because they are so leveraged. US banks are also leveraged through the derivatives markets and so forth. - in BI
Related: Bank Of America (BAC), Citigroup (C), Wells Fargo (WFC), Banco Santander (STD), Deutsche Bank AG (USA) (DB), JPMorgan Chase & Co. (JPM)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
