Bank of America Corp (BAC) and Citigroup Inc. (C) Profit From European Inertia

Page 2 of 2

The booming CMBS business is a real boon to all participants, but particularly to Bank of America — which needs to prove to the Fed that it has new ways to bring in cash, and won’t continue to depend upon nipping and tucking to pad its balance sheet. If deals like the recent 1.06 billion euro loan by B of A to German real estate heavyweight Gagfah SA are any indication, Bank of America may have found a sweet new source of revenue to show off to regulators.

The article Bank of America and Citi Profit From European Inertia originally appeared on Fool.com and is written by Amanda Alix.

Fool contributor Amanda Alix has no position in any stocks mentioned. The Motley Fool recommends Goldman Sachs and Wells Fargo. The Motley Fool owns shares of Bank of America, Citigroup, JPMorgan Chase, and Wells Fargo.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Page 2 of 2