A Turn in Tide, Europe's New Deal - Research Report on Piper Jaffray Companies and SunTrust Ban

A Turn in Tide, Europe's New Deal - Research Report on Piper Jaffray Companies and SunTrust Banks, Inc.

ID: 84568

(firmenpresse) - HONG KONG -- (Marketwire) -- 11/07/11 -- Today, released its industry report highlighting Piper Jaffray Companies (NYSE: PJC) and SunTrust Banks, Inc. (NYSE: STI). Full fundamental and technical analysis is available at .

Markets are starting to step in the right direction, with the European Financial Stability Facility (EFSF) increasing from $600 billion to $1.4 trillion, a significant move to strengthen the safety net in place for Europe's most troubled countries.

It is likely China and the IMF will contribute to the bailout fund, with Greece alone receiving $180 billion in fresh aid. The remainder of Greece's obligations were halved in the process, with private bondholders of Greek debt settling at 50% -- allowing banks to recapitalize at a healthy 9% reserve and bring Greece's debt burden down to 120% of GDP by 2020.

An important consideration is political commitment to this road map and probability of ongoing support for European Central Bank (ECB)'s recent deal. Currently the global community appears to be on point with ECB's initiative, an outlook that should be sufficient to support markets around current levels.

World Street Fundamentals has highlighted Piper Jaffray Companies for its current position within the financial industry. Piper Jaffray Companies is an international investment bank and institutional securities company, serving the needs of corporations, private equity groups, public entities, non-profit clients and institutional investors. The entire report on Piper Jaffray Companies (NYSE: PJC) is available here: .

World Street has featured SunTrust Banks, Inc. for its development within the financial industry. SunTrust Banks, Inc. (SunTrust ) is a commercial banking organization. The Company is a diversified financial services holding company whose businesses provide a range of financial services to consumer and corporate clients. Through its principal subsidiary, SunTrust Bank, the Company provides deposit, credit, and trust and investment services. The entire report on SunTrust Banks, Inc. (NYSE: STI) is available here: .





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Bereitgestellt von Benutzer: MARKET WIRE
Datum: 07.11.2011 - 14:00 Uhr
Sprache: Deutsch
News-ID 84568
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