The Future for Big Bank Stocks
The following video is part of our nationally syndicated Motley Fool Money radio show, with host Chris Hill talking with Ron Gross, James Early, and Joe Magyer. The big story this week was JPMorgan Chase CEO Jamie Dimon's appearance to testify on Capitol Hill. In this segment, the guys analyze the landscape for big Wall Street banks, including Bank of America and Wells Fargo. Will tougher regulations prevent billion-dollar trading losses? Should the banks be broken up so they are no longer "too big to fail"?
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At the time this article was published Chris Hillowns no shares of any of the companies mentioned. The Motley Fool owns shares of JP Morgan Chase, Citigroup, Wells Fargo, and Bank of America and has created a covered strangle position in Wells Fargo.Motley Fool newsletter serviceshave recommended buying shares of Wells Fargo and Goldman Sachs. The Motley Fool has adisclosure policy. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. Try any of our Foolish newsletter servicesfree for 30 days.