Which Big Banks Hold Foreign Deposits?
In the following video, Motley Fool financial analysts David Hanson and Matt Koppenheffer discuss the banking bailout in Cyprus and the resulting run on Cypriot banks, and take a look at which U.S. banks hold the highest percentages of foreign deposits. David then tells us how strongly that metric could correlate to risk for U.S. big banks from exposure to increasingly volatile European uncertainty, and why it's important to know metrics like these as an investor in big banks.
Bank of America may have the least exposure of all the big banks to this new European crisis, and its stock doubled in 2012. Is there more yet to come? With significant challenges still ahead, it's critical to have a solid understanding of this megabank before adding it to your portfolio. In The Motley Fool's premium research report on B of A, analysts Anand Chokkavelu, CFA, and Matt Koppenheffer, Financials bureau chief, lift the veil on the bank's operations, including detailing three reasons to buy and three reasons to sell. Click here now to claim your copy.
The article Which Big Banks Hold Foreign Deposits? originally appeared on Fool.com.David Hanson has no position in any stocks mentioned. Matt Koppenheffer owns shares of Bank of America. The Motley Fool owns shares of Bank of America, Citigroup, and JPMorgan Chase. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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