With the influx of big federal money into the banks coming out of the crisis, many have wondered whether or not these banks have a fiduciary responsibility to the American economy. Matt Koppenheffer reveals the answer below, as well as one bank, Wells Fargo that he admires today.
Wells Fargo's dedication to solid, conservative banking helped it vastly outperform its peers during the financial meltdown. Today, Wells is the same great bank as ever, but with its stock trading at a premium to the rest of the industry, is there still room to buy, or is it time to cash in your gains? To help figure out whether Wells Fargo is a buy today, I invite you to download our premium research report from one of The Motley Fool's top banking analysts. Click here now for instant access to this in-depth take on Wells Fargo.
The article Should Big Banks Be Serving the American Economy? originally appeared on Fool.com.
Matt Koppenheffer has no position in any stocks mentioned. You can follow Matt on Twitter. The Motley Fool recommends Wells Fargo. The Motley Fool owns shares of Wells Fargo. 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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