Will Euro Debt Woes Hit U.S. Banks?
As the broader market frets over the sovereign debt crisis, Morningstar's Jim Leonard shares which U.S. banks have the least exposure.
Jeremy Glaser: For Morningstar, I am Jeremy Glaser. Stocks were battered on Thursday as investors fretted about the economic recovery or lack thereof. But there was also concern about the European sovereign debt crisis. I'm here with Jim Leonard. He's a securities analyst for Morningstar, and we'll take a look at the crisis and see what impact it could have on U.S. banks and if there were any buying opportunities today.
Jim, thanks for taking the time today.
Jeremy Glaser does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.