Have Banking Stocks Recovered Yet?

In this video from Thursday's Boxing Day edition of Investor Beat, host Chris Hill and Motley Fool financials analyst Matt Koppenheffer take a look at some of the best and the worst from the financial sector over the past year.

Matt takes a look at JPMorgan Chase and tells investors why litigation against the company has damaged public perception both of the bank as a whole this year, as well as of CEO Jamie Dimon, and why the criticism against Dimon himself may not be entirely warranted. Also, Matt discusses why he loves what Citigroup CEO Mike Corbat has done in his role so far since he took the reins last October, and why the bank's rising price to tangible book value multiple may be a good indicator that investor confidence in the bank is increasing as a result of his efforts.

Finally, Matt talks about the future of Bank of America, and why this could be a stock to watch in 2014 as it finally begins to get much of the litigation from the financial crisis behind it.

Many investors are terrified about investing in big banking stocks after the crash, but the sector has one notable stand-out. In a sea of mismanaged and dangerous peers, it rises above as "The Only Big Bank Built to Last." You can uncover the top pick that Warren Buffett loves in The Motley Fool's new report. It's free, so click here to access it now.


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