Asian Market Weakness Hits Banks Hard
May 30th 2013 7:10AM
Updated May 30th 2013 8:20AM
Last week we saw Citigroup , Bank of America and JPMorgan Chase's share prices dropping after the news that Japanese stocks were falling and other signs of weakness in the Asian markets. But since then, the Japanese Nikkei has fallen further, but the banks have recovered. In the video below, Motley Fool contributor Jessica Alling discusses why banks are exposed to the weaknesses in Asian markets, how they can offset any issues, and how long-term investors should categorize the most recent dip in share price.
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The article Asian Market Weakness Hits Banks Hard originally appeared on Fool.com.Fool contributor Jessica Alling has no position in any stocks mentioned -- you can contact her here. The Motley Fool owns shares of Bank of America, Citigroup, and JPMorgan Chase. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.