U.S. Big Banks Combined Assets Larger That U.S. Gross Domestic Product in 2012

NEW YORK, NY--(Marketwire - Feb 26, 2013) - Financial stocks have experienced an admirable start to the year as improvements in the global economy has renewed investor optimism in the sector. The SPDR KBW Bank ETF (KBE) has gained nearly 7 percent year-to-date, while the broader Financial Select Sector SPDR Fund (XLF) is up more than 5 percent, outperforming the S&P 500 Index's gain of 4.3 percent over the same period. Five Star Equities examines the outlook for companies in the Banking Industry and provides equity research on Bank of America Corp. ( NYSE : BAC ) and Citigroup Inc. ( NYSE : C ).

Access to the full company reports can be found at:

www.FiveStarEquities.com/BAC

www.FiveStarEquities.com/C

U.S. accounting rules allow banks to report smaller portions of their derivatives than their European counterparts. If JPMorgan Chase & Co., Bank of America Corp. and Wells Fargo & Co. were to use international standards for derivatives and consolidating mortgage securitizations their assets would double, while Citigroup Inc.'s assets would increase by 60 percent, according to Bloomberg. JPMorgan, Bank of America and Citigroup would then be three largest banks in the world, with combined assets of $14.7 trillion, approximately 93 percent of U.S. gross domestic product in 2012.

Five Star Equities releases regular market updates on the Banking Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.FiveStarEquities.com and get exclusive access to our numerous stock reports and industry newsletters.

Bank of America shares have nearly doubled in the past year. It has recently been reported that the company's CEO, Brian Moynihan, was awarded $11.1 million in restricted shares for 2012; Moynihan's base salary for 2012 was approximately $950,000. Bank of America is scheduled to release results for the first quarter of 2013 on Wednesday, April 17th.

Citigroup is the third largest bank in the United States. The company has recently named Peter Orszag, the former Director of the Office of Management and Budget under President Barack Obama, as chairman of the Financial Strategy and Solutions Group. Orszag's expanded role will be in addition to his duties as vice chairman of corporate and investment banking.

Five Star Equities provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. Five Star Equities has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at: www.FiveStarEquities.com/disclaimer