Street Talk
Street Talk
Nathan Stovall | S&P Global Market Intelligence
Ep 35 - Recent selloff could make some bank franchises a bargain
20 minutes Posted Nov 6, 2018 at 4:41 pm.
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The recent selloff has put some banks on sale at a time when their deposits are only becoming worth more, according to Chris Marinac, co-founder and director of research at FIG Partners. The veteran analyst believes bank stocks have fallen too much over the last two months and he sees value in strong deposit franchises, some of which could receive healthy takeout offers at some point down the road.