If battered bank stocks look attractive now, these buying tips could help you cash in

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Bank are falling in the wake of the failures of SVB Bank SIVB and Signature Bank SBNY), but there are good reasons to make this contrarian investment.

First, federal regulators have made it clear that they will support banks on the edge of trouble because of depositor flight. The Federal Reserve will lend to banks against the full value of losing positions in Treasuries. “This will help banks meet deposit requests,” says Ian Lappe, portfolio at Gabelli Global Financial Services Fund GAFSX.


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