When Global Finance came up with a list of the "World's Safest Banks 2012" earlier this year, no U.S. banks were in the top 25, and only five were in the top 50. These were:
•Bank of New York Mellon
Anand explains why and gives his take on whether these are stocks worth looking into.
With so many of the big finance firms getting bad press these days, you may be inclined to stay away from the sector entirely, but that could be a huge mistake. In fact, some of the best opportunities over the next few years can be found there, including one small, under-the-radar bank. It's been called one of The Stocks Only the Smartest Investors Are Buying. You can learn about it, and more, in our exclusive free report. Just click here to keep reading.
The article The 5 Safest U.S. Banks? originally appeared on Fool.com.
Anand Chokkaveluowns shares and warrants on Wells Fargo. The Fool owns shares of and has created a covered strangle position in Wells Fargo.Motley Fool newsletter serviceshave recommended buying shares of Goldman Sachs. Try any of our Foolish newsletter servicesfree for 30 days. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.