pnc

Deutsche Bank is out with its report on PNC (NYSE: PNC), downgrading PNC from Buy to Hold. In a note to clients, Deutsche Bank writes, "PNC shares have outperformed the group by 500bps YTD and by 10% since we upgraded the stock in February 2010 (post the selloff from raising capital to repay TARP...

Citigroup has published a research report on U.S. Banks following 3Q results. In the report, Citigroup writes "While we continue to see downside to 2011 EPS estimates for the large cap banks, we expect bank stocks can outperform in near term as we see our banks either meeting or exceeding 3Q...

Deutsche Bank has posed some key questions currently facing banks: 1. With NII/NIMs being pressured by continued declines in interest rates, how will banks increase/maintain revenues? 2. After being net sellers of securities in 2Q, the largest US banks have been net buyers of securities so far in...