Paul Causer, co-head of fixed interest and co-manager of the Invesco Perpetual Global Financial Capital fund, looks at what has been done over the past year to tackle the problems in the financials sector.
Neil Veitch, manager of the SVM World Equity fund, has benefited from increasing exposure to financials in the last six months, as the loosening of Basel III requirements for banks has boosted the sector.
Fixed income managers are turning more positive on bank debt after regulators announced they will allow banks to hold a broader range of corporate bonds as a capital buffer.
Global equity markets have eased back from last week's highs despite European financials rallying after regulators softened proposed new rules.
International banks have given greater flexibility and a longer deadline to meet Basel III liquidity rules.
Juan Valenzuela gives his thoughts on the impact of the latest round of QE in the UK and abroad.
Now is the time for income-seeking investors to look at UK banks again, ahead of their return to the dividend register, said Schroders' Nick Kirrage.