Freddie Mac's Latest Victory

By Matt Koppenheffer and David Hanson – Oct 1, 2013 at 9:21PM

NYSE: BAC

Bank of America

Market Cap

$282B

Today's Change

(1.53%) $0.54

Current Price

$35.77

Price as of April 18, 2024, 4:00 p.m. ET

Today's top stories for banking and financial sector investors. Newmakers include Fannie Mae, Freddie Mac, Bank of America, Wells Fargo, and JPMorgan Chase.

In this segment of The Motley Fool's financials-focused show, Where the Money Is, banking analysts Matt Koppenheffer and David Hanson discuss the day's headlines. Among the newsmakers they discuss are the government shutdown, Wells Fargo's (WFC 2.73%) latest settlement, and the biggest investment banks.

More financials stocks with big upside
Have you missed out on the massive gains in bank stocks over the past few years? There's good news: It's not too late. Bargains of a lifetime are still available, but you need to know where to look. The Motley Fool's new report "Finding the Next Bank Stock Home Run" will show you how and where to find these deals. It's completely free -- click here to get started.

Matt is donning his hat in honor of the Fool launching its new Stock Advisor Canada service!

David Hanson owns shares of Goldman Sachs and JPMorgan Chase. Matt Koppenheffer owns shares of Goldman Sachs, Bank of America, and JPMorgan Chase. The Motley Fool recommends Bank of America, Goldman Sachs, and Wells Fargo. It owns shares of Bank of America, JPMorgan Chase, LAZARD, and Wells Fargo. 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.