Last week we saw Citigroup (C 0.82%), Bank of America (BAC 0.13%) and JPMorgan Chase's (JPM +0.14%) share prices dropping after the news that Japanese stocks were falling and other signs of weakness in the Asian markets. But since then, the Japanese Nikkei has fallen further, but the banks have recovered. In the video below, Motley Fool contributor Jessica Alling discusses why banks are exposed to the weaknesses in Asian markets, how they can offset any issues, and how long-term investors should categorize the most recent dip in share price.
Asian Market Weakness Hits Banks Hard
By Jessica Alling – May 30, 2013 at 7:10AM
NYSE: C
Citigroup
Market Cap
$186B
Today's Change
(-0.82%) $0.83
Current Price
$100.02
Price as of November 7, 2025 at 3:26 PM ET
Can one international market topple a bank?
About the Author
After receiving the prestigious, if not tongue-in-cheek, "Future Bloodsucker of America" award for winning a stock market challenge in middle school, Jessica knew that her future lay in finance. But when her Finance degree's P/E ratios and other metrics weren't enough, she added a degree in English to her repertoire. Though some questioned the combination, her work with the Fool has clarified the method to her madness to those that couldn't see the connection before. Oh, and she still has that award framed in her office.