We have seen US bank stocks fall quite a bit this year. For example, $BAC stock is down more than 13% this year and $C stock is down more than 9%. However, over the past month, bank stocks have been falling very quickly and noticeably ( see image below ). Otherwise, I have been regularly buying $BAC stock lately as it is currently at a great price and I am still thinking about... Read more
What is your favourite stock from the banking sector? As far as I can see, the best known stocks like $BAC or $C are trading well below their highs. Compared to $JPM, which is holding up relatively well. Which player in this sector is your favorite?
The five largest U.S. banks said Friday they will return more cash to shareholders after passing the Fed's stress tests early last week, a show of strength that reinforces the gap between the industry giants and smaller regional rivals.
Banks are too conservative, boring and slow for me... I wouldn't go there :)