North American banks ands financials deep dive – Lee Sotos and Thomas Goldthorpe

With new regulatory landscapes taking shape, mainly in the United States, but also across the global banking universe, how are financials poised to perform over the next few years? Has the lack of recession provided a bolster to the valuation story? And just how much consolidation could be on the books for not only U.S banks, but also their European brethren? Joining the show today to help paint this picture is Fidelity Co-Portfolio Manager and Senior Equity Analyst, Lee Sotos, and Fidelity Equity Research Analyst Thomas Goldthorpe. Recorded on July 18, 2025. At Fidelity, our mission is to build a better future for Canadian investors and help them stay ahead. We offer investors and institutions a range of innovative and trusted investment portfolios to help them reach their financial and life goals. Fidelity mutual funds and ETFs are available by working with a financial advisor or through an online brokerage account. Visit fidelity.ca/howtobuy for more information. For a fourth year in a row, FidelityConnects by Fidelity Investments Canada was ranked #1 podcast by Canadian financial advisors in the 2024 Environics’ Advisor Digital Experience Study.