Mon, 21 Oct 2013
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U . S . Bancorp is well positioned should a tax cut be implemented, but the rally in bank shares means it doesn't look like a bargain today.
The Fed's stress tests confirm that Wells Fargo, U . S . Bancorp , and BB&T are the best bank bets for income investors, says Morningstar's Josh Peters.
Morningstar's Dan Werner expects continued pressure on net interest margins, increased fee revenue, a focus on expense controls, and strong trading revenue for investment banks.
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