Don’t freak out about the current selloff in banking stocks — just pick your region carefully if diving into the financial sector.
That’s the message from Citigroup, which recommended ditching U.S. banks and instead looking across the Atlantic to European lenders that have a lot of things going for them at the moment.
“Over the last 12 months, global equities and global banks have rallied and are up 15% and 30% respectively.
