Welcome!

News Feed Item

Rewards, Convenient Payment Solutions, and Lower Rates - Research Report on Citigroup, Bank of America, UBS, TCF, and Westpac

NEW YORK, March 8, 2013 /PRNewswire/ --

Today, Investors Alliance announced new research reports highlighting Citigroup Inc. (NYSE: C), Bank of America Corporation (NYSE: BAC), UBS AG (NYSE: UBS), TCF Financial Corporation (NYSE: TCB), and Westpac Banking Corporation (NYSE: WBK). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Citigroup Inc. Research Report

Together with Goldman Sachs, Citigroup took action regarding cyber-attack prevention by alerting shareholders, as the US has urged government agencies and banks to strengthen their defenses against such attacks. Mobile and online banking provide new entry points that can be used to either penetrate or disturb operations. In February, President Obama asked the government to develop cyber security standards to aid the companies that are running important infrastructure. Security research firms noted that there is likely to be a 30 percent increase in the companies' expenses that are related to cyber intrusions, once the cyber security standards are implemented. Meanwhile, Citigroup recently announced development of a new mobile and web-based patient payment solution, Money2 for Health, with Aetna as the charter healthcare benefits company. The payment platform enables patients to go online or use their mobile devices to reconcile their healthcare bills, receive alerts, pay amounts due, and view past payments. The platform brings together a network of insurance carriers and healthcare providers. Money2for Health is expected to launch in late 2013. The Full Research Report on Citigroup Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/6137_C]

--

Bank of America Corporation Research Report

Responsible debtors with good payment practices can now earn cash by paying more than the monthly minimum on time with the new BankAmericard Better Balance Rewards credit card by Bank of America. The new rewards card will reward customers for responsible management of their monthly payments. Account holders can earn $100 annually, plus additional relationship bonus. With the BankAmericard Better Balance Rewards card, customers automatically receive $25 for every quarter that they pay more than the monthly minimum due and make payments on time. The card will be available beginning this week. Bank of America will report its first quarter 2013 financial results on April 17. The Full Research Report on Bank of America Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/f37f_BAC]

--

UBS AG Research Report

IN February, UBS finally completed its agreed acquisition of Brazil's largest independent brokerage firm, Link Investimentos. UBS will incorporate the firm's research department, which consistently has been receiving the Top 5 ranking in Central Bank. Link Investimentos traded 217 million contracts in 2012, representing 16 percent market share. UBS reported positive 2012 financial results mainly due to cost reduction initiatives. For 2013 the company continues its cost reduction efforts, expecting restructuring charges of approximately CHF300 million in the first quarter. Considering the current and regulatory issues arising from past financial crises, UBS expects associated charges to remain at elevated levels through fiscal year 2013. The Full Research Report on UBS AG - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/57f1_UBS]

--

TCF Financial Corporation Research Report

In January, TCF Bank, TCF's principal subsidiary, has entered into an agreement with the Office of the Controller of the Currency (OCC), agreeing to regulatory settlement regarding the previously disclosed deficiencies in its Bank Secrecy Act compliance program. The company has agreed to payment of a civil money penalty amounting to $10 million, or six cents per common share in the fourth quarter of 2012. For the quarter, TCF's net interest margin went up 87 basis points, or 4.79 percent, with pre-tax pre-provision profit of $87.2 million, up 3.5 percent. Its over 60-day accruing delinquent loans improved by $3.2 million, increasing 3.2 percent. For the full year 2012, total loans and leases went up nine percent to $15.4 billion, and average deposits went up 10.1 percent, or $1.2 billion. The Full Research Report on TCF Financial Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/b6ac_TCB]

--

Westpac Banking Corporation Research Report

Australia-based Westpac Institutional Bank launched in February the Westpac Corporate Evergreen Account, which will provide corporates and institutions with unprecedented flexibility in managing working capital. Evergreen provides organizations with a choice of notice periods to suit their liquidity needs - the first of its kind in Australia. Earlier in February Westpac also cut its two year fixed rate home loan to 4.99 percent, the lowest since April 2009. The Full Research Report on Westpac Banking Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/9ffc_WBK]

--

Consider Investors Alliance

Tired of hearing about the latest, greatest trade opportunity... only to realize that the ship has long sailed? You need a strong, informative community in your arsenal. Join the group that has been consistently identifying momentous situations as they develop - long before they become the next top news on major financial networks.

Contact: Patricia Byers
[email protected]
+1-480-745-7826

SOURCE Investors-Alliance

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
Traditional on-premises data centers have long been the domain of modern data platforms like Apache Hadoop, meaning companies who build their business on public cloud were challenged to run Big Data processing and analytics at scale. But recent advancements in Hadoop performance, security, and most importantly cloud-native integrations, are giving organizations the ability to truly gain value from all their data. In his session at 19th Cloud Expo, David Tishgart, Director of Product Marketing ...
StarNet Communications Corp has announced the addition of three Secure Remote Desktop modules to its flagship X-Win32 PC X server. The new modules enable X-Win32 to safely tunnel the remote desktops from Linux and Unix servers to the user’s PC over encrypted SSH. Traditionally, users of PC X servers deploy the XDMCP protocol to display remote desktop environments such as the Gnome and KDE desktops on Linux servers and the CDE environment on Solaris Unix machines. XDMCP is used primarily on comp...
Almost two-thirds of companies either have or soon will have IoT as the backbone of their business in 2016. However, IoT is far more complex than most firms expected. How can you not get trapped in the pitfalls? In his session at @ThingsExpo, Tony Shan, a renowned visionary and thought leader, will introduce a holistic method of IoTification, which is the process of IoTifying the existing technology and business models to adopt and leverage IoT. He will drill down to the components in this fra...
Why do your mobile transformations need to happen today? Mobile is the strategy that enterprise transformation centers on to drive customer engagement. In his general session at @ThingsExpo, Roger Woods, Director, Mobile Product & Strategy – Adobe Marketing Cloud, covered key IoT and mobile trends that are forcing mobile transformation, key components of a solid mobile strategy and explored how brands are effectively driving mobile change throughout the enterprise.
DevOps at Cloud Expo – being held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real results. Am...
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
As the world moves toward more DevOps and Microservices, application deployment to the cloud ought to become a lot simpler. The Microservices architecture, which is the basis of many new age distributed systems such as OpenStack, NetFlix and so on, is at the heart of Cloud Foundry - a complete developer-oriented Platform as a Service (PaaS) that is IaaS agnostic and supports vCloud, OpenStack and AWS. Serverless computing is revolutionizing computing. In his session at 19th Cloud Expo, Raghav...
DevOps at Cloud Expo, taking place Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long dev...
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
There is growing need for data-driven applications and the need for digital platforms to build these apps. In his session at 19th Cloud Expo, Muddu Sudhakar, VP and GM of Security & IoT at Splunk, will cover different PaaS solutions and Big Data platforms that are available to build applications. In addition, AI and machine learning are creating new requirements that developers need in the building of next-gen apps. The next-generation digital platforms have some of the past platform needs a...
Fact: storage performance problems have only gotten more complicated, as applications not only have become largely virtualized, but also have moved to cloud-based infrastructures. Storage performance in virtualized environments isn’t just about IOPS anymore. Instead, you need to guarantee performance for individual VMs, helping applications maintain performance as the number of VMs continues to go up in real time. In his session at Cloud Expo, Dhiraj Sehgal, Product and Marketing at Tintri, wil...
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterpri...
Enterprises have forever faced challenges surrounding the sharing of their intellectual property. Emerging cloud adoption has made it more compelling for enterprises to digitize their content, making them available over a wide variety of devices across the Internet. In his session at 19th Cloud Expo, Santosh Ahuja, Director of Architecture at Impiger Technologies, will introduce various mechanisms provided by cloud service providers today to manage and share digital content in a secure manner....
SYS-CON Events announced today that Hitrons Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Hitrons Solutions Inc. is distributor in the North American market for unique products and services of small and medium-size businesses, including cloud services and solutions, SEO marketing platforms, and mobile applications.