New Appointments, Development of Solutions, Financing Deal, Product Launches, and Partnership - Research Report on Wells Fargo, Bank of America, U.S. Bank, Huntington Bank, and Equifax
NEW YORK, September 12, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Investors' Reports announced new research reports highlighting Wells Fargo & Company (NYSE: WFC), Bank of America Corporation (NYSE: BAC), U.S. Bancorp (NYSE: USB), Huntington Bancshares Incorporated (NASDAQ: HBAN), and Equifax Inc. (NYSE: EFX). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Wells Fargo & Company Research Report
On September 5, 2013, Wells Fargo & Company's subsidiary, Wells Fargo Insurance (WFI), announced the appointment of Tim Prichard as the new Head of its National Employee Benefits Practice. According to the Company, in his new role, Prichard will report directly to Laura Schupbach, Head of WFI, and will lead a nationwide team that provides insurance placement, health and productivity risk management, benefits administration, and healthcare reform compliance. Commenting on the appointment of Prichard, Schupbach said, "Employee Benefits is an increasingly important area for our customers and Wells Fargo Insurance. I'm confident that with Tim's extensive experience and leadership, our business will grow as we provide more customers with effective and competitive benefit plans." 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/2013-09-09/WFC]
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Bank of America Corporation Research Report
On September 5, 2013, Bank of America Corporation (Bank of America) announced that Bank of America Merrill Lynch Global Transaction Services (BAML-GTS) has made major solution developments in its China trade and supply chain finance product suite. According to the Company, Bank of America Merrill Lynch (BAML) has unveiled new enhancements to its Electronic Commercial Draft System (ECDS) which facilities domestic renminbi (RMB) draft settlements, offering a source of low-cost and short-term trade and supply chain financing to corporate trade clients. The Company further stated that it has also introduced a series of innovative capability enhancements to its Trade Receivables Finance (TRF) capabilities, under which BAML can purchase open account receivables or invoices from clients that are due from eligible buyers. Cathy Dou, Head of Global Transaction Services in China BAML, stated, "Expanding our supply chain finance platform with innovative solutions and broader geographic reach is a critical element of our strategic goal of better connecting with our clients in China." 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/2013-09-09/BAC]
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U.S. Bancorp Research Report
On September 4, 2013, U.S. Bancorp (U.S. Bank) and InnovAge announced the closure of a $22.4 million financing package for the construction of InnovAge Senior Housing-Thornton - a 72-unit senior housing apartment building in Thornton, near Denver. Hassan Salem, Denver Market President for U.S. Bank, commented, "The senior population in Thornton is growing rapidly, outpacing growth in both the Denver metropolitan area and across the country. InnovAge Senior Housing-Thornton will help fill a void of limited housing that targets seniors, while fostering independent living in a community environment." The Companies expect to officially open the property in June 2014. The Full Research Report on U.S. Bancorp - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-09-09/USB]
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Huntington Bancshares Incorporated Research Report
On September 4, 2013, Huntington Bancshares Incorporated (Huntington Bank) launched the Voice Credit Card, which is powered by MasterCard. According to the Company, the new credit card offering reflects the bank's ongoing Fair Play Banking philosophy of doing the right thing for customers as it eliminates certain fees and offers its customers options between triple rewards or a lower interest rate, to create the customized MasterCard that is best for their spending patterns and lifestyle. Mary Navarro, Director of Retail and Business Banking at Huntington Bank, said, "At Huntington, our extensive research indicates that customers want to be empowered to design the credit card benefits that are right for them. The Voice Credit Card™ is another initiative aimed at doing the right thing for the customer by giving them a voice in their banking and allowing them to choose the card that is best for their financial needs." The Full Research Report on Huntington Bancshares Incorporated - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-09-09/HBAN]
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Equifax Inc. Research Report
On September 9, 2013, Equifax Inc. (Equifax) announced a 5-year, $500,000 partnership with Operation HOPE - a financial dignity non-profit organization that provides financial empowerment to underserved communities. The Company stated that according to terms of the partnership, Richard F. Smith, Chairman and CEO of Equifax, will join the Operation HOPE National Board of Directors, and Trey Loughran, Equifax Personal Solutions President, will join Operation HOPE's Southeastern Board, in an effort to promote the aligned goals of the two organizations. Smith stated, "We are pleased to partner with them to enable greater financial literacy among underserved consumers and communities across the country. By helping people gain access to credit, you open doors - whether it's to a car loan, a better mortgage, or the opportunity to go to college. We look forward to joining Operation HOPE to further assist this worthy initiative." The Full Research Report on Equifax Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-09-09/EFX]
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