Please ensure Javascript is enabled for purposes of website accessibility

Can Bank of America Breathe Easy?

By David Hanson and Matt Koppenheffer – Feb 3, 2014 at 7:36PM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Bank of America finally gets approved… kind of.

It's been over two years since Bank of America (BAC -0.79%) initially agreed to a $8.5 billion settlement with private investors, and the bank is just now getting closure to the situation. In this segment of The Motley Fool's financials-focused show, Where the Money Is, banking analysts Matt Koppenheffer and David Hanson discuss the partially approved settlement and what it means for investors.

Is it time for big bank investors to be greedy while others are fearful?
Many investors are terrified about investing in big banking stocks after the crash, but the sector has one notable stand-out. In a sea of mismanaged and dangerous peers, it rises above as "The Only Big Bank Built to Last." You can uncover the top pick that Warren Buffett loves in The Motley Fool's new report. It's free, so click here to access it now.

David Hanson has no position in any stocks mentioned. Matt Koppenheffer owns shares of Bank of America. The Motley Fool recommends Bank of America. The Motley Fool owns shares of Bank of America. 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.

Stocks Mentioned

Bank of America Stock Quote
Bank of America
BAC
$32.74 (-0.79%) $0.26
Bank Of New York Mellon Stock Quote
Bank Of New York Mellon
BK
$44.61 (4.13%) $1.77

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.