well boa or chase are certainly in better shape to go after them, but historicaly wells has been waiting in the shadows. however, i don't think wells is in much better shape than 5/3 and chase just made a fire sale aquisition.
Banks are in hot water. I bought stock in Citi and National City. I lost 70% of value on National City Stock and 40% value on Citi Stock. I am keeping them for long term and hopefully at some time they bounce back. For not it is a waste. I would not invest on any of the bank or financial stocks in the current market.
Yeah, not a good time for bank stocks if you've been sitting on them. But it is a great time to buy them. RBS is at $4.60, WaMu is $6.26, Barclays is down to $25.60 from $80.00+ just 8 months ago. Buy Buy Buy!!!