Does This Grim Outlook Spell Opportunity?

Since the financial crisis, several of the largest banks in the U.S. have bounced back and are actually trading above pre-crisis levels. While American banks have been able to quickly shed assets and reduce uncertainty, the banks across the pond in the U.K. are struggling mightily. With so many investors vowing to stay away from these banks, there may be opportunity for shrewd investors to take advantage of the cheap valuations, but it may not be that easy in the long run. In this video, Fool banking analysts David Hanson and Matt Koppenheffer debate whether or not investors can still find winners in this space.