Analyst Research on Wells Fargo & Company and JPMorgan Chase & Co. - Money Center Banks Still Benefiting From Improving Credit
(firmenpresse) - JOHANNESBURG, SOUTH AFRICA -- (Marketwire) -- 08/30/11 -- offers investors comprehensive research on the Money Center Banks industry and has completed analytical research on (NYSE: WFC) and (NYSE: JPM). Register with us today at to have free access to these researches.
Companies in the Money Center Banks sector have been benefiting from improving credit portfolios for a little while now. As both consumers and businesses regain their financial feet, banks have been able to set aside less money for loss provisions on both the loan and credit card fronts. Register now at to have free access to our reports on the Money Center Banks industry.
is an online platform where investors doing their due-diligence on the Money Center Banks industry can have easy and free access to our analyst research and opinions on Wells Fargo & Company and JPMorgan Chase & Co.; all investors need to do is register for a complimentary membership at .
This has been good news in the near-term for banks like JP Morgan Chase & Co. which saw a 13% jump in second quarter net income thanks in part to a $1 billion release of credit-card loan-loss provisions. Investors looking for complimentary research on are welcome to sign up at for our new report.
The problem with releasing provisions as profit is that it is not a sustainable method of earnings. Companies in the sector have actually had somewhat of a difficult time bolstering their revenues by other means lately, especially due to tepid loan growth and regulatory restrictions on transaction fees. Visit to see how companies in this industry have grown over the past years and how they are expected to perform in the future.
The Federal Reserve's recent decision to keep interest rates low for the foreseeable future could help on the loan growth front. To replace transaction fees some companies are trying a new strategy altogether. Some banks, Wells Fargo & Company, for instance, are rolling out a new program that charges a monthly fee for debit card purchases. Investors looking for free research on are welcome to sign up at for our new report.
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Datum: 30.08.2011 - 06:10 Uhr
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