Banks With Competitive Advantages Show Resilience
May 06, 2023 at 07:30 AM EDT
The term “economic moat” describes a company’s ability to maintain its competitive advantages and defend long-term profitability. Morningstar analysts joined the recent VanEck webinar to discuss how financial firms with strong “moats” are faring through turmoil in the banking industry. Banks Are Put to the Test The turmoil in the banking industry, initiated by the collapse of Silicon Valley [...] The post Banks With Competitive Advantages Show Resilience appeared first on ETF Trends .