In the following video, Motley Fool financial analysts David Hanson and Matt Koppenheffer discuss the Cypriot banking bailout, and how it affects the big banks in the U.S. David tells investors that while this could turn into a big story in the headlines, it is very likely just noise for U.S. bank shareholders. He also cautions that you need to have a strong stomach if you're going to invest in banks, as they are highly susceptible to short-term volatility from market shocks like this one.
One big bank on a lot of people's radar right now is Bank of America. Bank of America's 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.