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Banking Sector Faces Uncertain Future Amidst Ongoing Stock Sell-offs

Banking Sector Faces Uncertain Future Amidst Ongoing Stock Sell-offs

In recent weeks, the banking sector has faced significant turbulence, as evidenced by a consistent trend of selling financial stocks, even as banking indices have shown some signs of recovery. This pattern raises questions about the stability and future of financial institutions amid a backdrop of evolving economic conditions. The latest report from Goldman Sachs highlights the ongoing skepticism among investors, particularly hedge funds, who continue to bet against bank and financial stocks. Th...