NEW YORK, NY - SEPTEMBER 29: A street sign for Wall Street near the New York Stock Exchange (NYSE) on September 29, 2014 in New York City. In morning trading the Dow opened down more than 100 points, continuing a recent volatility trend in the markets partly fueled by drops in tech stocks and continued protests in Hong Kong.  (Photo by Spencer Platt/Getty Images)

NEW YORK, NY – SEPTEMBER 29: A street sign for Wall Street near the New York Stock Exchange (NYSE) on September 29, 2014 in New York City. In morning trading the Dow opened down more than 100 points, continuing a recent volatility trend in the markets partly fueled by drops in tech stocks and continued protests in Hong Kong. (Photo by Spencer Platt/Getty Images)

How Big-Bank Investors Lost Half a Trillion Dollars in Just Six Months

 

This is a fortune.com article.

 

Financial stocks are taking a beating.

The biggest losers of 2016 so far are the world’s largest banks.

Not only do big banks have to suffer the slings and arrows aimed at them by the political class, but increasingly investors are abandoning them in droves. That’s according to analysis by The Wall Street Journal, which found that 20 of the world’s largest banks have lost about one quarter of their value since the beginning of the year, a total decline of $465 billion in enterprise value.

Continue reading article.

PiggyBankBlog Bailiff: “All rise! The honorable Congresswoman Marcy Kaptur has entered the Courtroom of Public Opinion!”