Sunil Garg is bullish on Taiwan’s banks
The head of Asia equity research and bank research for J.P. Morgan was voted the best bank analyst for the region in Asiamoney’s Brokers Poll. He believes that the country’s banks have been overlooked and should do well. He also feels that the prospects for China’s banks remain bright.
Taiwan’s fragmented banking sector has underperformed amid a deflationary environment for years, but it looks set to benefit from the nation’s recent accord with China, believes Sunil Garg, J.P. Morgan’s head of Asia ex-Japan equity research for J.P. Morgan, and head of bank research team.
Garg’s view is
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