Equity Research on Synovus Financial Corp. and BB&T Corporation - Mid-Atlantic Banks Feeling Financial Reforms but Fighting Back
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 02/21/12 -- has a handpicked team of market professionals with over 100 years of combined investing experience. Today they are providing members comprehensive research on the Regional - Mid-Atlantic Banks industry and are offering free analytical research on (NYSE: SNV) and (NYSE: BBT). Register with us today at to have free access to these research reports.
A number of regional banks have been speaking out against the "Volcker Rule" recently. Critics state that the rule banning banks' proprietary trading and limiting their investments in hedge funds and private equity could damage their ability to manage risk and prove costly, even for those not engaging in such activities. Get your free reports on and at . There is no commitment to join.
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Financial reform rules have been taking their toll on a number of Mid-Atlantic Banks' revenues, though industry player are working hard to drive profits through expansion and improved efficiency. BB&T Corporation recently announced an agreement to acquire Crump Group's life insurance and property and casualty (P&C) insurance units and use its name. The move could boost BB&T's market share in life insurance distribution and P&C segments. report is accessible for free by registering today at .
Although there remain headwinds in the industry, improving credit trends have greatly reduced credit costs of late. Synovus Financial Corp. recently reported fourth quarter net income of $12.8 million, well above last year's net loss of $180.0 million. The improved performance is thought to be the result of lower credit costs as well as successful efficiency initiatives. report is accessible for free by registering today at .
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Datum: 21.02.2012 - 13:00 Uhr
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