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Hey everybody Dave Bartosiak with Trending Stocks at Zacks.com. What a glorious last few months it’s been. The Cubs are in the playoffs, Hillary and the Donald are throwing sticks and stones, and major financial institutions are scrambling to save face. Pass the popcorn, this is gonna be good.

The DoJ put the pressure on Deutsche Bank (DB - Free Report) a few weeks ago when it proposed a multi-billion dollar fine. Shortly after, several hedge funds had begun to ask for other banks to help smooth out the counter-party risk while others were rumored to have severed tied with Deutsche altogether. Then Deutsche began to lose some wealth management clients as a result of the fallout. And today, the zee Germans came out and said they have ruled out any state aid for Deutsche Bank. Telling legislators it was inconceivable. I don’t believe Deutsche is in any real insolvency trouble. They will be just fine in the long run. But the shareholders better watch out.

Remember those CoCos my friends. Contingent convertible securities. They are a shareholder dilution 100-megaton bomb. Check out my February video on the topic to get up to speed. Go ahead and check it out, I’ll wait.

Wells Fargo (WFC - Free Report) is even funnier. After the scandal, the whistleblower lawsuit, and the grilling on Capitol Hill, CEO John Stumpf finally resigned. That’s right folks, Morningstar’s CEO of the Year for 2015, gone 9 ½ months later. This Morningstar CEO of the Year thing is beginning to turn into the Madden Curse. 2014, John Martin of Gilead (GILD - Free Report) , gone in January of this year. 2012’s entry, Merrill “Pete” Miller of National Oilwell Varco (NOV - Free Report) , gone 11 months later. Can you guys please name Ted Phillips of the Bears the 2016 CEO of the Year? 

At least Stumpf took one for the team and stepped down. But is it enough? New CEO Tim Sloan said “Our senior management could have and should have done more. We have a specific action plan in place to lead our company forward. ” Phew. Oh gosh, man, I was a little stressed out before but, you got a plan? We’re good. So Tim Sloan is going to come in and clean house because he’s coming over from…Wells Fargo. Wait, so you’re replacing the CEO with the former President and Chief Operating Officer. Bold move. I better stop talking trash or they’ll never approve me for that auto loan. Good bye McLaren.

So if you can’t buy Deutsche Bank and you can’t buy Wells Fargo, who can you buy ahead of a potential Fed rate hike in December? Look no further than Jamie Dimon at Zacks Rank #2 (Buy) JPMorgan Chase (JPM - Free Report) . Another solid beat on improved trading and mortgage banking revenues, with EPS coming in at $1.58 versus our Zacks Consensus Estimate calling for $1.40.

Every time you share this video, somebody spills a cup of hot cocoa at Deutsche Bank. Chime in the comments section below, tell me which bank stock you think is safest to buy right now. Subscribe to the YouTube channel, Twitter @bartosiastics and come back here for all the Trending Stocks with Zacks.com, I’m Dave Bartosiak.