US Bank stocks crash has ‘significant differences’ to Australia

  • 📰 SkyNewsAust
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 78%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The US Bank stocks dropping to 2020 lows has “significant differences” to the Australian market, says UNSW Associate Professor of Finance Mark Humphery-Jenner.

“The whole problem of the global financial crisis – well we’re seeing some resonances here but there are significant differences,” he told Sky News Business Editor Ross Greenwood.

“We’re mostly seeing this filter into the smaller regional banks at the moment, rather than the JP Morgans or the UBS or the city groups – that type of thing.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines