Another example of the relative valuation gap - two U.S. banks, Wells Fargo and JPMorgan, with a joint market cap of $440 billion, now have a higher value than the entire energy and materials sector in Brazil, Russia, India and China.Less than three years ago these banks were worth half the BRICs' commodity sectors, Bank of America/Merrill Lynch notes.http://uk.reuters.com/article/2013/08/18/uk-emerging-value-i...
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