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24 bank stocks that contrarian bottom-feeders can feast on now

Por: MarketWatch Business March 22, 2023

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SVB Financial Group’s announcement on March 8 that it had lost nearly $2 billion while selling securities to raise cash as deposits were flowing out was the catalyst for a banking industry crisis that is less than two weeks old. From March 7 through March 20, the KBW Nasdaq Bank Index fell 24%, with dividends reinvested. During that period, subsidiaries of two of the index’s components, Signature Bank Corp. of New York and SIVB, were shut... + full article



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