The U.S. banking industry seems to be transitioning its focus to a longer-term concern centered around economic growth. Hence, it could be wise to look beyond national borders and invest in fundamentally sound foreign bank stocks, Barclays PLC (BCS), Erste Group Bank AG (EBKDY), and Grupo Financiero Galicia S.A. (GGAL) that are attracting significant buying interest.
Before delving into the fundamentals of the highlighted stocks, let’s first examine the current state of the U.S. banking space.
