The banking crisis is not over and more pain is coming for the stock market, CEO of the largest publicly-traded hedge fund says

Luke Ellis

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• Man Group CEO Luke Ellis says equities have yet to bottom out.
• Ellis thinks a "significant number" of banks will close in the next two year, he said at the Bloomberg Invest conference.
• Depositors may take their money to larger institutions, he says, on fears regional banks won't be bailed out. 

More pain is headed for stocks as turmoil in the banking sector hasn't passed, according to Man Group CEO Luke Ellis.

"We...