Description: Turmoil at select U.S. and European banks over the last month has prompted worries about the health of the global financial sector and has driven down bank stocks as spooked investors watched the situation play out. Despite banking worries, experts told BNN Bloomberg that the period of panic rattling the market contains some promising investment opportunities in bank stocks, particularly with Canadian names.
Source: BNNBloomberg.ca – video report
Date: Mar 23, 2023
Questions for discussion:
- Summarize the key points presented in the report about investments in banks at this time?
- Why are Canadian banks considered more secure for investors?
- What do you believe investors should be doing today with respect to investing in bank stocks?