BAC

$DJ30 $JPM $SPX500 𝗕𝗮𝗻𝗸𝘀 𝗵𝗮𝘃𝗲 𝗯𝗮𝗱 𝗿𝗲𝗽𝘂𝘁𝗮𝘁𝗶𝗼𝗻 𝘀𝗶𝗻𝗰𝗲 𝟮𝟬𝟬𝟴 when financial crisis was caused by bad management. In addition to that banks are old and slow to change. Mostly they attract old fashion investors seeking dividends, that's why often their stocks drop down first. To me it is rather shocking that banks grew so much this month, therefore I am happy to see some stabilization within last days, as this should build up support. Since 2008 there was a 𝗹𝗼𝘁 𝗼𝗳 𝗰𝗵𝗮𝗻𝗴𝗲𝘀 𝗶𝗻 𝗿𝗲𝗴𝘂𝗹𝗮𝘁𝗶𝗼𝗻𝘀 toward banking sector, regulators as FED / ECB became much more strict on banking capital requirement. Additional, requirements are then also put by local national banks, therefore we can see difference between e.g. USA based bank or Scandinavian where Scandinavian have much higher capital ratio. How strict regulators can be? ECB forbid the dividend payment, FED limited divided (in comparison to 2008 where banks where paying dividend to sustain stoc