Get all your news in one place.
100's of premium titles.
One app.
Start reading
Top News
Top News

Global Hedge Funds Prepare for US Banking Turmoil: JPMorgan Report

FILE PHOTO: Traders work on the floor of the NYSE in New York

Global hedge funds are showing no signs of backing down when it comes to their short positions in the banking industry, particularly in the United States. According to a recent report from JPMorgan, these funds are prepared for further turmoil in the US banking sector.

The report indicates that hedge funds worldwide have maintained their short positions, indicating a lack of confidence in the stability and performance of banks. This is particularly true in the United States, where concerns over potential economic downturns and the impact of regulatory changes have remained prevalent.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.