Thursday, September 29, 2011

A Look At The Future Of Bank Of America And Citigroup

The majority of large financial institutions have lost a significant amount of value over the last 3 months. There have been several reasons for the loss in value which include: high unemployment, problems raising capital, Europe’s financial crisis, lagging real estate market, delinquent loans, bankruptcies, and fear of another recession among several other reasons. The stocks that have lost value are each exposed to one if not all issues that have negatively affected the banking industry. But some companies have been exposed more than others yet most stocks in this industry have trended considerably low without taking into consideration individual company performance. Below is a look at two of the largest financial institutions in the United States. Both companies have posted a large amount of loss yet both companies are significantly different therefore I have included financial, stock, and performance information along with my opinions regarding the future of these two companies.

Read the rest of the article at Seeking Alpha

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