What's Feeding the Global Rally in Bank Stocks?

The transcript discusses the recent performance of major banks, highlighting a 25% increase in their value over the last month. Factors such as a steeper yield curve and relaxed capital requirements in Europe are seen as positive influences. However, challenges remain, particularly for European banks, with ongoing restructuring and capital raising needs. The discussion also touches on investment in technology and the fact that most banks, except Citigroup, are trading above their average price targets.

Discuss the implications of the US DOJ fine on Deutsche Bank.

What is the significance of technology investment in the banking sector?