The five fears stalking the global banking industry
by Phillip Inman and Rob Davies from on (#13FHX)
China, emerging markets, the eurozone, oil and commodities all pose a threat to the banking sector this year
Banking shares have come under pressure this week as investors express fears that the sector will be badly hit by a global economic downturn. Financial institutions have strengthened their balance sheets since the 2008 financial crisis, but they could be in for a turbulent year if potential flashpoints such as emerging markets or the energy sector produce a cascade of debt defaults. Here are the five biggest threats to the banking sector: