Banking on finance

  One could get dizzy keeping track of the weekly inflows and outflows in ETFs based on banks. In the week ending 1 April, investors poured $60.7m into Stoxx 600 banking sector ETFs, according to BlackRock, accounting for the biggest sector inflows that week.  BlackRock's ETF Landscape report shows one week later, investors were hauling out their money. In the week to 9 April, $160.2m vanished from such funds, by far the largest net outflows of any sector in that period. Subsequently in the week after that, investors cautiously returned, handing over a net $19.4m. Historically, thi...