Advertisement
Australia markets closed

  • ALL ORDS

    7,817.40
    -81.50 (-1.03%)
     

  • ASX 200

    7,567.30
    -74.80 (-0.98%)
     

  • AUD/USD

    0.6424
    -0.0002 (-0.03%)
     

  • OIL

    82.86
    +0.13 (+0.16%)
     

  • GOLD

    2,405.70
    +7.70 (+0.32%)
     

  • Bitcoin AUD

    100,443.02
    +1,393.90 (+1.41%)
     

  • CMC Crypto 200

    1,386.37
    +73.74 (+5.96%)
     

  • AUD/EUR

    0.6027
    -0.0004 (-0.07%)
     

  • AUD/NZD

    1.0896
    +0.0021 (+0.20%)
     

  • NZX 50

    11,796.21
    -39.83 (-0.34%)
     

  • NASDAQ

    17,171.67
    -222.64 (-1.28%)
     

  • FTSE

    7,895.85
    +18.80 (+0.24%)
     

  • Dow Jones

    37,950.41
    +175.03 (+0.46%)
     

  • DAX

    17,737.36
    -100.04 (-0.56%)
     

  • Hang Seng

    16,224.14
    -161.73 (-0.99%)
     

  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     

Worried About Bank Stocks? Here Are 2 Ultra Resilient Financial Companies to Buy Right Now

Brett Schafer, The Motley Fool
·4-min read
Worried About Bank Stocks? Here Are 2 Ultra Resilient Financial Companies to Buy Right Now

With the rapid failures of Silicon Valley Bank and Signature Bank in recent weeks, businesses that seemed to be sound and running smoothly have wiped out shareholders. This has led to an investor exodus from the banking sector, with regional bank stocks, based on the Invesco KBW Regional Banking exchange-traded fund, down roughly 20% this year. Operating for 172 years, American Express (NYSE: AXP) is one of the oldest consumer lending businesses still operating today.

Continue reading