Traditional banking is taking its lumps right now as low interest rates are squeezing the margins that banks earn on their loans. In the video below, Motley Fool banking analyst Matt Koppenheffer discusses the importance of fee-based and investment-banking businesses in this environment.

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.