The following video is from Thursday's installment of The Motley Fool's Financials show, in which analysts Matt Koppenheffer and David Hanson highlight for investors the most important stock news from the financial sector.
While the actions of the Fed, and coming interest rate changes, have most of the financial headlines in the U.S., China is facing a lot of turmoil at the moment. In this segment, David discusses several of the challenges China is currently facing, and lists several big U.S. banks that have divested themselves of major Chinese assets recently, in order to take profits and reduce their exposure to what could be the next major financial meltdown.
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.
The relevant video segment can be found between 1:35 and 2:48.
For the full video of today's Financials show, click here .
