Sanditon's Dean: Banking sector falls should be of 'greater concern' to investors

Julie Dean, fund manager at Sanditon Asset Management, takes a closer look at the performance of the banking sector in 2016.

The volatile start to 2016 for the UK equity market, which plunged 10% in January before rallying to close down 3%, had a familiar feel about it, with the moves being a more extreme version of those seen last December and August. The real losers so far this year have been financial stocks. The banking sector was down 8% in January, with some share prices closing near their 2009 lows. This should be of much greater concern to investors. The recent film The Big Short is a timely reminder of the greed and arrogance of the central banks and bankers who financed the great financial bubble ...