Monday 19 July 2010

Bank Stress Tests

19th July 2010.

The bank stress test results are being published at 16.00GMT on Friday 23rd July 2010. They will be after markets close st 16:00 GMT.

The banks I am watching this week in the UK are ;

Barclays (BAR)
HSBC


Im staying well away from other European banks (except Spanish). The German banks have some serious real estate debt and other banks I'm sure they have been lending to some of the former eastern European companies with significant property valuation issues.

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About Me

I try and work a broadly market neutral strategy and based purely on fundamentals and my gut feel.