Click here to close now.


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: []


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: []


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: []


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: []


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: []


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]

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
Enterprises can achieve rigorous IT security as well as improved DevOps practices and Cloud economics by taking a new, cloud-native approach to application delivery. Because the attack surface for cloud applications is dramatically different than for highly controlled data centers, a disciplined and multi-layered approach that spans all of your processes, staff, vendors and technologies is required. This may sound expensive and time consuming to achieve as you plan how to move selected applicati...
Nowadays, a large number of sensors and devices are connected to the network. Leading-edge IoT technologies integrate various types of sensor data to create a new value for several business decision scenarios. The transparent cloud is a model of a new IoT emergence service platform. Many service providers store and access various types of sensor data in order to create and find out new business values by integrating such data.
The broad selection of hardware, the rapid evolution of operating systems and the time-to-market for mobile apps has been so rapid that new challenges for developers and engineers arise every day. Security, testing, hosting, and other metrics have to be considered through the process. In his session at Big Data Expo, Walter Maguire, Chief Field Technologist, HP Big Data Group, at Hewlett-Packard, will discuss the challenges faced by developers and a composite Big Data applications builder, foc...
The cloud has reached mainstream IT. Those 18.7 million data centers out there (server closets to corporate data centers to colocation deployments) are moving to the cloud. In his session at 17th Cloud Expo, Achim Weiss, CEO & co-founder of ProfitBricks, will share how two companies – one in the U.S. and one in Germany – are achieving their goals with cloud infrastructure. More than a case study, he will share the details of how they prioritized their cloud computing infrastructure deployments ...
There are so many tools and techniques for data analytics that even for a data scientist the choices, possible systems, and even the types of data can be daunting. In his session at @ThingsExpo, Chris Harrold, Global CTO for Big Data Solutions for EMC Corporation, will show how to perform a simple, but meaningful analysis of social sentiment data using freely available tools that take only minutes to download and install. Participants will get the download information, scripts, and complete en...
Data loss happens, even in the cloud. In fact, if your company has adopted a cloud application in the past three years, data loss has probably happened, whether you know it or not. In his session at 17th Cloud Expo, Bryan Forrester, Senior Vice President of Sales at eFolder, will present how common and costly cloud application data loss is and what measures you can take to protect your organization from data loss.
WebRTC: together these advances have created a perfect storm of technologies that are disrupting and transforming classic communications models and ecosystems. In his session at WebRTC Summit, Cary Bran, VP of Innovation and New Ventures at Plantronics and PLT Labs, will provide an overview of this technological shift, including associated business and consumer communications impacts, and opportunities it may enable, complement or entirely transform.
SYS-CON Events announced today that Dyn, the worldwide leader in Internet Performance, will exhibit at SYS-CON's 17th International Cloud Expo®, which will take place on November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Dyn is a cloud-based Internet Performance company. Dyn helps companies monitor, control, and optimize online infrastructure for an exceptional end-user experience. Through a world-class network and unrivaled, objective intelligence into Internet condit...
Between the compelling mockups and specs produced by analysts, and resulting applications built by developers, there exists a gulf where projects fail, costs spiral, and applications disappoint. Methodologies like Agile attempt to address this with intensified communication, with partial success but many limitations. In his session at DevOps Summit, Charles Kendrick, CTO and Chief Architect at Isomorphic Software, will present a revolutionary model enabled by new technologies. Learn how busine...
Interested in leveraging automation technologies and a cloud architecture to make developers more productive? Learn how PaaS can benefit your organization to help you streamline your application development, allow you to use existing infrastructure and improve operational efficiencies. Begin charting your path to PaaS with OpenShift Enterprise.
Achim Weiss is Chief Executive Officer and co-founder of ProfitBricks. In 1995, he broke off his studies to co-found the web hosting company "Schlund+Partner." The company "Schlund+Partner" later became the 1&1 web hosting product line. From 1995 to 2008, he was the technical director for several important projects: the largest web hosting platform in the world, the second largest DSL platform, a video on-demand delivery network, the largest eMail backend in Europe, and a universal billing syste...
SYS-CON Events announced today that Spirent Communications, the leader in testing navigation and positioning systems, will exhibit at SYS-CON's @DevOpsSummit Silicon Valley, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Spirent Communications enables innovations in communications technologies that help connect people. Whether it is service provider, data centers, enterprise IT networks, mobile communications, connected vehicles or the Inte...
WebRTC services have already permeated corporate communications in the form of videoconferencing solutions. However, WebRTC has the potential of going beyond and catalyzing a new class of services providing more than calls with capabilities such as mass-scale real-time media broadcasting, enriched and augmented video, person-to-machine and machine-to-machine communications. In his session at @ThingsExpo, Luis Lopez, CEO of Kurento, will introduce the technologies required for implementing thes...
Containers have changed the mind of IT in DevOps. They enable developers to work with dev, test, stage and production environments identically. Containers provide the right abstraction for microservices and many cloud platforms have integrated them into deployment pipelines. DevOps and Containers together help companies to achieve their business goals faster and more effectively.
Containers are revolutionizing the way we deploy and maintain our infrastructures, but monitoring and troubleshooting in a containerized environment can still be painful and impractical. Understanding even basic resource usage is difficult - let alone tracking network connections or malicious activity. In his session at DevOps Summit, Gianluca Borello, Sr. Software Engineer at Sysdig, will cover the current state of the art for container monitoring and visibility, including pros / cons and li...