In the following video, Motley Fool financial analysts David Hanson and Matt Koppenheffer discuss the Cypriot banking bailout, and how it affects the big banks in the U.S. David tells investors that while this could turn into a big story in the headlines, it is very likely just noise for U.S. bank shareholders. He also cautions that you need to have a strong stomach if you're going to invest in banks, as they are highly susceptible to short-term volatility from market shocks like this one.
David Hanson has no position in any stocks mentioned. Matt Koppenheffer owns shares of Bank of America. The Motley Fool recommends Wells Fargo. The Motley Fool owns shares of Bank of America, JPMorgan Chase, and Wells Fargo. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
More from The Motley Fool
Is Bank of America's CEO a Two-Faced Bitcoin Critic?
The megabank's top executive is telling customers that they can't buy bitcoin from his company, but his staff is doing a lot of patented research in this field. So what's up?
8 Key Takeaways From Bank of America's Earnings Report
Bank of America beat fourth-quarter earnings estimates, but there's a lot more you need to know.
These Bank Bets Put Even Bitcoin to Shame
Find out why you have less than a year left to use some of these unusual investments.