Buy large cap US bank stocks as there's no evidence of a systemic banking crisis, research firm says

• Investors should treat the collapse of Silicon Valley Bank as an opportunity to buy large cap US bank stocks, according to TS Lombard.
• The investment research firm said it sees no evidence of a systemic banking crisis unfolding.
• "Market participants are now paying more attention to balance sheets, but the official response is enough to prevent contagion," TS Lombard said.

Investors should take advantage of the recent sell-off in large cap US bank stocks and tactically buy shares, according to investment research firm TS Lombard.