This post was originally published on this site
The prolonged low interest rate environment in the United States threatens the domestic banking sector. But their own country-specific factors could drive the performance of many international banking stocks in the near term.
So, we think it could be wise to diversify one’s portfolio by adding a few high-quality international banking stocks. Banco Santander, S.A. (SAN), UBS Group AG (SIX:UBSG) (UBS), and Barclays PLC (BCS) meet that quality and could be solid bets considering their fundamental strength.