The document discusses the systemic risk posed by the banking sector, particularly in relation to the U.S. energy sector. It highlights the impact of falling oil prices on U.S. banking stocks and the energy sector's exposure to bank loans. The analysis includes insights from Marco Scherer, an Energy Equities Expert at Deutsche AM, on the challenges faced by oil companies in maintaining dividends amidst low oil prices. The document also provides data on capital expenditure, net debt/EBITDA, and the MSCI World Energy Index.
documents/vol00010-efta01459553-pdf.pdf
{"title":"CIO View Special - Americas Edition","key_people":["Marco Scherer"],"document_date":"February 2016","document_type":"other","key_locations":["U.S."],"document_subtype":"financial analysis","key_organizations":["Deutsche AM","Deutsche Asset & Wealth Management Investment GmbH"]}