Merrill Liked Emerging-Market Banks Before Crash. Loves Them Now
Investors watch the trading board at the Colombo Stock Exchange. (Photographer: Luis Enrique Ascui/Bloomberg News)

Merrill Liked Emerging-Market Banks Before Crash. Loves Them Now

(Bloomberg) -- The slump in emerging-market banking stocks, down 17 percent since January, presents a buying opportunity, according to Bank of America Merrill Lynch.
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