Banking: Investors should ‘be patient’ with beaten-down bank sector, buy-side fund manager says

The clouds over bank stocks aren’t expected to clear anytime soon, fund manager Dave Ellison said, but some names remain attractive based on valuation.

Depending on whether you’re optimistic or unenthusiastic about the sector, the outlook for bank stocks remains mixed.

In a moribund environment for banks with the collapse of Silicon Valley…