Business & Finance
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Published in Business and Finance on Tuesday, July 3rd 2012 at 5:17 GMT by Market Wire🞛 This publication is a summary or evaluation of another publication
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July 03, 2012 08:05 ET
Equity Research on SunTrust Banks Inc. and JPMorgan Chase & Co. - Money Center Banks Could Be Facing Uncertain Times
NEW YORK, NY--(Marketwire - Jul 3, 2012) - [ www.ShinesRooms.com ] has a handpicked team of market professionals with over 100 years of combined investing experience. Today they are providing members comprehensive research on the Money Center Banks industry and are offering free analytical research on SunTrust Banks Inc. (
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Although first quarter results were generally positive for money center banks, there are concerns that industry strength may be waning once more. The European crisis and Chinese slow down have been weighing on world economics and pose a threat to a U.S. recovery. Over the past month the SPDR KBW Bank ETF (KBE) has declined almost 8 percent which is a potentially troubling indicator for the industry. Get your free reports on SunTrust Banks Inc. and JPMorgan Chase & Co. at [ http://www.ShinesRooms.com/index.php?_controller=RegisterMember&_method=index ]. There is no commitment to join.
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Furthermore, tightening regulations continue to pose possible challenges and heightened costs to industry players. The Federal Deposit Insurance Corp. has lately proposed that the minimum capital banks must hold to deal with unexpected losses should be 7 percent instead of the current 2 percent.
Banks are also currently facing their own specific set of challenges. According to a recent report, JPMorgan Chase & Co. may be facing higher than expected losses relating to a bad trade. JPMorgan Chase & Co. report is accessible for free by registering today at
[ http://www.ShinesRooms.com/JPMorganChaseandCo030712.pdf ]
Meanwhile, SunTrust Banks Inc. recently announced that its mortgage lending unit will settle the charges alleging that it discriminated against minorities by paying out $21 million in compensation to victims. SunTrust Banks Inc. report is accessible for free by registering today at
[ http://www.ShinesRooms.com/SunTrustBanksInc030712.pdf ]
The two Money Center Banks stocks research reports are available for free by signing up now on the link below.
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