In the following video, Fool.com banking analyst Matt Koppenheffer explains the impact that politics may have on the banking system going forward. JPMorgan Chase's (NYSE: JPM) $7 billion loss from its London Whale debacle, for example, created a lot of political backlash, but Matt says there might be an opportunity at hand for investors, who can buy in as pessimism results in lower valuations for bank stocks.
On the other hand, Matt says, unfolding regulations such as those from Basel III make it difficult to predict how bank fundamentals will be affected in the long term.
Check out the video for further details.
