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
What sort of WebRTC based applications can we expect to see over the next year and beyond? One way to predict development trends is to see what sorts of applications startups are building. In his session at @ThingsExpo, Arin Sime, founder of WebRTC.ventures, will discuss the current and likely future trends in WebRTC application development based on real requests for custom applications from real customers, as well as other public sources of information,
DevOps tends to focus on the relationship between Dev and Ops, putting an emphasis on the ops and application infrastructure. But that’s changing with microservices architectures. In her session at DevOps Summit, Lori MacVittie, Evangelist for F5 Networks, will focus on how microservices are changing the underlying architectures needed to scale, secure and deliver applications based on highly distributed (micro) services and why that means an expansion into “the network” for DevOps.
In his session at Cloud Expo, Alan Winters, an entertainment executive/TV producer turned serial entrepreneur, will present a success story of an entrepreneur who has both suffered through and benefited from offshore development across multiple businesses: The smart choice, or how to select the right offshore development partner Warning signs, or how to minimize chances of making the wrong choice Collaboration, or how to establish the most effective work processes Budget control, or how to max...
Interoute has announced the integration of its Global Cloud Infrastructure platform with Rancher Labs’ container management platform, Rancher. This approach enables enterprises to accelerate their digital transformation and infrastructure investments. Matthew Finnie, Interoute CTO commented “Enterprises developing and building apps in the cloud and those on a path to Digital Transformation need Digital ICT Infrastructure that allows them to build, test and deploy faster than ever before. The int...
China Unicom exhibit at the 19th International Cloud Expo, which took place at the Santa Clara Convention Center in Santa Clara, CA, in November 2016. China United Network Communications Group Co. Ltd ("China Unicom") was officially established in 2009 on the basis of the merger of former China Netcom and former China Unicom. China Unicom mainly operates a full range of telecommunications services including mobile broadband (GSM, WCDMA, LTE FDD, TD-LTE), fixed-line broadband, ICT, data communica...
ChatOps is an emerging topic that has led to the wide availability of integrations between group chat and various other tools/platforms. Currently, HipChat is an extremely powerful collaboration platform due to the various ChatOps integrations that are available. However, DevOps automation can involve orchestration and complex workflows. In his session at @DevOpsSummit at 20th Cloud Expo, Himanshu Chhetri, CTO at Addteq, will cover practical examples and use cases such as self-provisioning infra...
SYS-CON Events announced today that Ocean9will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Ocean9 provides cloud services for Backup, Disaster Recovery (DRaaS) and instant Innovation, and redefines enterprise infrastructure with its cloud native subscription offerings for mission critical SAP workloads.
MongoDB Atlas leverages VPC peering for AWS, a service that allows multiple VPC networks to interact. This includes VPCs that belong to other AWS account holders. By performing cross account VPC peering, users ensure networks that host and communicate their data are secure. In his session at 20th Cloud Expo, Jay Gordon, a Developer Advocate at MongoDB, will explain how to properly architect your VPC using existing AWS tools and then peer with your MongoDB Atlas cluster. He'll discuss the secur...
Things are changing so quickly in IoT that it would take a wizard to predict which ecosystem will gain the most traction. In order for IoT to reach its potential, smart devices must be able to work together. Today, there are a slew of interoperability standards being promoted by big names to make this happen: HomeKit, Brillo and Alljoyn. In his session at @ThingsExpo, Adam Justice, vice president and general manager of Grid Connect, will review what happens when smart devices don’t work togethe...
Building a cross-cloud operational model can be a daunting task. Per-cloud silos are not the answer, but neither is a fully generic abstraction plane that strips out capabilities unique to a particular provider. In his session at 20th Cloud Expo, Chris Wolf, VP & Chief Technology Officer, Global Field & Industry at VMware, will discuss how successful organizations approach cloud operations and management, with insights into where operations should be centralized and when it’s best to decentraliz...
SYS-CON Events announced today that Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Juniper Networks challenges the status quo with products, solutions and services that transform the economics of networking. The company co-innovates with customers and partners to deliver automated, scalable and secure network...
Deep learning has been very successful in social sciences and specially areas where there is a lot of data. Trading is another field that can be viewed as social science with a lot of data. With the advent of Deep Learning and Big Data technologies for efficient computation, we are finally able to use the same methods in investment management as we would in face recognition or in making chat-bots. In his session at 20th Cloud Expo, Gaurav Chakravorty, co-founder and Head of Strategy Development ...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In his Day 3 Keynote at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will explore t...
Most companies are adopting or evaluating container technology - Docker in particular - to speed up application deployment, drive down cost, ease management and make application delivery more flexible overall. As with most new architectures, this dream takes a lot of work to become a reality. Even when you do get your application componentized enough and packaged properly, there are still challenges for DevOps teams to making the shift to continuous delivery and achieving that reduction in cost...
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.