Here Are My Top 2 High-Yield Bank Stocks to Buy Now

The U.S. banking system is like the Wild West compared to the way things are handled in Canada. That's one big reason why, during the Great Recession, even the largest U.S. banks wound up having to cut their dividends while Canadian giants like Toronto-Dominion Bank (NYSE: TD) and Bank of Nova Scotia (NYSE: BNS) didn't.That said, these two banks, my favorite high-yield banks right now, aren't hitting on all cylinders. But that's exactly why you might want to buy them along with me.Without getting into the nitty-gritty of it, Canada takes a vastly different approach to its banking system than does the United States. The country's regulators have, pretty much, given a handful of very large banks entrenched industry positions because of the important role that banks play in the economy.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool