Goldman Sachs Group (GS) 16 months for the first time investors to buy bank stocks in Europe, at the same time, bond investors are holding the opposite view, fearing that policy makers will be difficult to resolve the euro zone sovereign debt crisis.
Since last November, Spain, Italy and Greece, the bank has been leading the Bloomberg European banks and financial services index (Bloomberg Europe Banks and Financial Services Index) rose 16%. Although Banco Santander (Banco Santander SA) (STD) over the same period rose 23%, UniCredit (UniCredit SpA) (UCG) shares rose 25%, but the two lenders had to provide investors with a record The highest level of spreads to sell bonds.