Will Rapidly Declining Oil Prices Impact the Banking Sector?

How does the rapid decline in oil prices impact the banking sector? Equity Research Analyst, Peter Winter discussed how banks have limited exposure to the energy sector while appearing on Yahoo Finance. Based on his analysis, most banks less than 3% exposure within their loan portfolios. Overall, he believes banks are well-positioned to withstand changing market conditions.

For more comments from Peter Winter, view the full appearance.