The following video is part of our nationally syndicated Motley Fool Money radio show, with host Chris Hill talking with Ron Gross, James Early, and Joe Magyer. The big story this week was JPMorgan Chase CEO Jamie Dimon's appearance to testify on Capitol Hill. In this segment, the guys analyze the landscape for big Wall Street banks, including Bank of America and Wells Fargo. Will tougher regulations prevent billion-dollar trading losses? Should the banks be broken up so they are no longer "too big to fail"?
Wondering why Warren Buffett is investing in the banking industry? The Motley Fool has a new free report, "The Stocks Only the Smartest Investors Are Buying" that explains why Buffett and others are looking to the banking industry for their next investments. You can access this just-released report by clicking here -- it's free.
Chris Hill owns no shares of any of the companies mentioned. The Motley Fool owns shares of JP Morgan Chase, Citigroup, Wells Fargo, and Bank of America and has created a covered strangle position in Wells Fargo. Motley Fool newsletter services have recommended buying shares of Wells Fargo and Goldman Sachs. The Motley Fool has a disclosure policy. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.