NEW YORK, September 19, 2013 /PRNewswire/ --
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Today, Investors' Reports announced new research reports highlighting Bank of America Corporation (NYSE: BAC), Wells Fargo & Company (NYSE: WFC), Western Union Co. (NYSE: WU), The Bank of New York Mellon Corporation (NYSE: BK), and PNC Financial Services Group Inc. (NYSE: PNC). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Bank of America Corporation Research Report
On September 16, 2013, Bank of America Corporation (Bank of America) announced that Bank of America Merrill Lynch (BofA Merrill), its global banking and global markets division, has completed the consolidation of client transaction banking data from multiple systems into a single centralized data repository. According to BofA Merrill, the centralized repository enables clients to search across all Bank of America, N.A. accounts and selected accounts at other banks, while also offers enhanced information reporting, and analytics capability through which clients can access their bank data via the CashPro® Online, CashPro Connect, or CashPro Mobile channels. Cindy Murray, Head of Global Treasury Product Platforms and e-Channels, said, "Clients now have much greater control over and increased flexibility with how they want to see the data and generate reports. Their reporting details will be configurable by individual client, and can change as their own company's needs evolve with system integration and upgrades. The end result will be a movement from reporting systems to reconciliation platforms with improved visibility, flexibility and responsiveness." 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.investorsreports.com/report/2013-09-16/BAC]
Wells Fargo & Company Research Report
On September 16, 2013, Wells Fargo & Company (Wells Fargo) announced that it has released the results of its company-run mid-cycle stress test conducted in accordance with the Dodd-Frank Wall Street Reform and Consumer Protection Act. According to Wells Fargo, the mid-cycle stress test results are based on a hypothetical severely adverse economic scenario developed by the Company, which contains different economic assumptions than those used in the Comprehensive Capital Analysis and Review (CCAR) process. Well Fargo further added that according to the stress test results, the Company's pro forma Tier 1 common equity ratio, calculated under Basel I, is expected to decline from 10.4% at March 31, 2013, to 10.3% at June 30, 2015, at which the test horizon period ends. The Full Research Report on Wells Fargo & Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-16/WFC]
Western Union Co. Research Report
On September 16, 2013, the Western Union Foundation, a separate §501(c)(3) recognized United States charity supported by the Western Union Co. (Western Union), announced its support for disaster relief efforts that will help the families and communities impacted by the devastating floods in Colorado. According to the Foundation, it is making a grant of $25,000 to The American Red Cross, along with Western Union matching two-for-one employee donations to the Foundation, through September 27, 2013, to result into a total combined donation of $50,000. Hikmet Ersek, President and CEO of Western Union said, "We are committed to helping the communities we serve, and our thoughts are with the people of Colorado during this time of need. Over the coming weeks we will work with Western Union Agents, employees and nonprofit partners to help the state recover and rebuild." The Full Research Report on Western Union Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-16/WU]
The Bank of New York Mellon Corporation Research Report
On September 16, 2013, The Bank of New York Mellon Corporation (BNY Mellon) announced that it has entered into the Dow Jones Sustainability Indices (DJSI), which is one of the most highly regarded global sustainability indices. According to the Company, it has been included in DJSI North America based on RobecoSAM's in-depth analysis of general and industry-specific environmental, social, and economic criteria. John Buckley, BNY Mellon's Director of Corporate Social Responsibility, said, "Being named to the prestigious Dow Jones Sustainability Indices reflects BNY Mellon's strong commitment to being invested in market integrity, our people and our world. BNY Mellon's role in the global markets includes a responsibility to support stability and growth, helping families, businesses and communities thrive." The Full Research Report on The Bank of New York Mellon Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-16/BK]
PNC Financial Services Group Inc. Research Report
On September 16, 2013, PNC Financial Services Group Inc. (PNC) announced that it is honoring Hispanic Heritage Month from September 15, 2013 to October 15, 2013, with sponsored programs and events in 18 cities. Enrico A. Della Corna, Southeast Regional Executive, Commercial Banking, stated, "These celebrations allow us to further connect with Hispanics and to better understand their family, lifestyle and cultural needs. By embracing their heritage and values, we can build sustainable relationships with the Hispanic community, which has become a driving force of our social and economic future." The Full Research Report on PNC Financial Services Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-16/PNC]
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