SOURCE: Market Foundations Inc.

May 24, 2012 09:00 ET

Perception, Opportunity in Volatility - Research & Analysis on Citigroup Inc. and Bank of America Corp

HONG KONG--(Marketwire - May 24, 2012) - This morning, www.MarketFoundations.com announced new reports highlighting Citigroup Inc. (NYSE: C) and Bank of America Corp (NYSE: BAC). Free research downloads are available at www.MarketFoundations.com/index.php?coa=C&cob=BAC.

Economic fundamentals leading into 2012 have set a generally positive pace with GDP growth likely to pick up through the coming year. However, there are several important caveats to note as the world economy continues to face headwinds and risks weigh to the downside. Positive outlooks are conditional on fiscal policy in payroll taxes and unemployment insurance benefits and upon the easing of the European debt situation. A repeat of volatility experience in 2011 is likely in 2012, as perceptions about the strength of the U.S. economy and the euro zone will vary over time as events unfold.

Despite the current situation, our team continues to identify high momentum situations with growth potential -- there remains strong opportunity within careful discretion.

Market Foundations is releasing new coverage on Citigroup Inc. for its current position within the financial industry. Citigroup Inc. (Citigroup) is a global diversified financial services holding company whose businesses provide consumers, corporations, governments and institutions with a broad range of financial products and services. Citigroup has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. The full research report on Citigroup Inc. (NYSE: C) is available here: www.MarketFoundations.com/index.php?coa=C.

Market Foundations has released research on Bank of America Corp for its changing role 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. The full research report on Bank of America Corp (NYSE: BAC) is available here: www.MarketFoundations.com/index.php?cob=BAC.

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