A new bill in Congress threatens to make life hard for the nation's big banks. With JPMorgan (NYSE: JPM ) , Bank of America (NYSE: BAC ) , Wells Fargo (NYSE: WFC ) , and Citigroup (NYSE: C ) all clocking in with assets over $400 billion, the new law would hit them hardest where it counts -- capital reserves.
In the video below, Motley Fool contributor Jessica Alling discusses the proposed legislature, how it would effect the banks, and what investors should look out for.
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.