Ball Position And Placement For Short Iron

Valuation stock market investment banks

This graphic from The Economist, which questions the value of the investment banks under their new prospects ROE, shows the multiple changes in their action / net assets (book value). As can be seen these multiples, they have recovered, ranged between 0.9 and 1.5, below pre-crisis levels.



Linked article from The Economist ("The big squeeze"):

http://www.economist.com/node/18184544