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Analyst Corner

U.S. National Elections
by Gene Kirsch, Senior Banking Analyst

While the S&P and KBW Banking Indices are up 27 percent and 28 percent, respectively, through September 24, outperforming the broader markets by nearly two times, major headwinds still face banks and the economy in general. Although the LIBOR scandal has not spread to banks beyond Barclays PLC, and the ongoing European financial crisis has temporarily subsided, other challenges closer to home still remain.

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