By Robert Sutherland Smith | Monday 15 July 2013
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Any buying interest I have had in banks has been limited to HSBC (HSBA) and Standard and Chartered (STAN) whose origins and traditions permitted to pass through the great early twenty first century banking crisis without the ignominy and pain of being bailed out by society at large. Once bitten twice shy, has been my watchword on Lloyds (LLOY) and RBS (RBS).
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