SOURCE: Bollinger Report

November 14, 2011 09:00 ET

Market Considerations in Europe Outlook - Featured Research on Bank of America Corp and Citigroup Inc.

NEW YORK, NY--(Marketwire - Nov 14, 2011) - Today, www.BollingerReport.com introduced featured coverage of Bank of America Corp (NYSE: BAC) and Citigroup Inc. (NYSE: C). Full research reports are available to readers at: www.BollingerReport.com/index.php?sm1=BAC&sm2=C.

With the European Financial Stability Facility set to increase to $1.4 trillion, it marks a significant move forward to strengthen the safety net in place for Europe's most troubled countries. Private bondholders of Greek debt are settling at a 50% haircut as another $180 billion in fresh aid is set to arrive, enabling banks to recapitalize at a healthy 9% reserve. Overall, these measures will bring Greece's debt burden down to 120% of GDP by 2020. An important consideration is political commitment to this road map. 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.

Bollinger Report screened and selected Bank of America Corp for its current position within the financial industry. Bank of America Corporation (Bank of America) is a bank holding company, and a financial holding company. Bank of America is a financial institution, serving individual consumers, small and middle market businesses, corporations and governments with a range of banking, investing, asset management and other financial and risk management products and services. A copy of this report featuring Bank of America Corp (NYSE: BAC) is available at: www.BollingerReport.com/index.php?sm1=BAC.

Bollinger Report is featuring Citigroup Inc. for its changing role within the financial industry. Citigroup Inc. (Citigroup) is a global diversified financial services holding company. Citigroup businesses provide consumers, corporations, governments and institutions with a range of financial products and services. As of December 31, 2010, the Company had approximately 200 million customer accounts and did business in more than 160 countries and jurisdictions. To download researches and analysis on Citigroup Inc. (NYSE: C) we welcome investors to visit: www.BollingerReport.com/index.php?sm2=C.

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