Banks Losing Billions as New Regulations Cut Revenue Drivers
The Paragon Report Provides Equity Research on Bank of Citigroup & Wells Fargo
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 10/20/11 -- New regulations have cut into the banking sector's top line in recent quarters. New rules continue to hinder various kinds of traditional fees, costing banks billions in lost income. These fees include overdraft charges on checking accounts and fees for making late payments on credit cards. The Paragon Report examines investing opportunities in the Money Center Banking Industry and provides equity research on Citigroup, Inc. (NYSE: C) and Wells Fargo & Co. (NYSE: WFC). Access to the full company reports can be found at:
Major Banks are now earning far less money from lending to consumers and businesses. Meanwhile Banks saw trading revenue plunge last quarter as customers fearing a global economic slowdown pulled their money out of the market. As The Wall Street Journal reported, "Banks typically welcome volatility, which creates more opportunities to trade. But too many wild price swings can eventually frighten customers into halting trading altogether."
The Paragon Report provides investors with an excellent first step in their due diligence by providing daily trading ideas, and consolidating the public information available on them. For more investment research on the Money Center Banking industry register with us free at and get exclusive access to our numerous stock reports and industry newsletters.
"Operation Twist" is designed to spur loan growth -- something banks have struggled to regain in the aftermath of the recession. Likewise, banks and other financial institutions have been reluctant to lend money as they continue to strengthen up their balance sheets in the aftermath of the housing bubble collapse in 2008. In its statement, the Fed noted that the economy is growing slowly, unemployment is high and housing remains in a prolonged slump. The central bank said in a statement that operation twist was aimed at reducing the cost of borrowing for businesses and consumers, including the cost of mortgage loans.
The Paragon Report has not been compensated by any of the above-mentioned publicly traded companies. Paragon Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at
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Datum: 20.10.2011 - 06:16 Uhr
Sprache: Deutsch
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