Retirements, Promotions, and Announcements by Companies in the Financial Sector - Research Report on Wells Fargo, First Niagara, FirstMerit Corporation, Signature Bank, and City National

Editor Note: For more information about this release, please scroll to bottom.

Nov 05, 2013, 08:00 ET from Analysts' Corner

NEW YORK, November 5, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting Wells Fargo & Company (NYSE: WFC), First Niagara Financial Group Inc. (NASDAQ: FNFG), FirstMerit Corporation (NASDAQ: FMER), Signature Bank (NASDAQ: SBNY), and City National Corp. (NYSE: CYN). 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 27, 2013, Wells Fargo & Company (Wells Fargo) announced the retirement of Danny Ludeman from Wells Fargo Advisors after 34 years of service. According to the Company, Mary Mack, who currently serves as Head of the WFA Financial Services Group, will succeed Ludeman on January 1, 2014. Commenting on the release, David M. Carroll said, "Under Danny's leadership, we have created a premier brokerage and advisory firm whose success is based on offering clients advice and planning through multiple channels - in brokerage offices, retail bank stores, or online. His many contributions to Wells Fargo, his commitment to our communities across the country, and his strong dedication to the client will be missed." 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: []


First Niagara Financial Group Inc. Research Report

On September 24, 2013, First Niagara Financial Group Inc. (First Niagara) announced that it has promoted Tom Faughnan to Senior Director of Residential Mortgage. According to the Company, Faughnan will be responsible for developing and executing on the Company's overall strategy and financial goals as well as managing day-to-day operations for its residential mortgage business. Andy Fornarola, Executive Vice President and Managing Director of Consumer Finance said, "Tom has played a pivotal role in formulating and executing on our current strategic initiatives in the Residential Mortgage business. He is the ideal person to help us further our strategy to become a leading residential mortgage lender across our four-state footprint. Tom and his mortgage team will also work closely with our retail banking team to further enhance First Niagara's value proposition to our deposit customers." The Full Research Report on First Niagara Financial Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: []


FirstMerit Corporation Research Report

On September 13, 2013, FirstMerit Corporation (FirstMerit Corporation) announced that it has introduced mobile business banking for business customers through downloadable mobile banking apps available for iPhone®, iPad®, iPod® Touch and Android™ devices, and Short Message Service (SMS) text banking. According to Julie Tutkovics, Executive Vice President and Chief Marketing Officer, "With more business owners using their mobile devices to do business wherever they are, FirstMerit is excited to offer them the ability to easily and securely manage their money however, whenever and wherever they want. We continue to offer ways of giving customers more time to focus on growing their business." The Full Research Report on FirstMerit Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: []


Signature Bank Research Report

On September 19, 2013, Signature Bank (Signature Bank) announced the formation of a new asset-based lending group, which marks the Company's entry into the specialized area. According to Signature Bank, the asset-based lending group comprises of Wendy Berney Nelson, Senior Vice President, Underwriting and Portfolio Manager; Robert R. Wallace, Vice President, Portfolio Manager; Marissa Bianco Wych, Vice President, Underwriter for Asset-Based Lending; and Robert Love, Senior Vice President and Group Director, leading the four-person team. Commenting on the release, Joseph J. DePaolo, President and CEO of the Company said, "The appointment of this new asset-based lending team led by Bob Love further strengthens our product offerings to our privately held commercial clients. Similar to the establishment of our specialty finance subsidiary, Signature Financial, our new asset-based lending effort is led by an experienced and well respected team. We look forward to the contributions Bob and his team will make to enhance our position in the marketplace." The Full Research Report on Signature Bank - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: []


City National Corp. Research Report

On September 30, 2013, City National Corp. (City National) announced that Bram Goldsmith, who steps down as Chairman of the Company effective October 1, 2013, will continue to serve on the Board as Chairman Emeritus post his retirement. According to the Company, Goldsmith,  said, "This seems to me to be the appropriate time to make the transition. The company is in excellent hands, and I'm very pleased that Russell will succeed me as chairman of the corporation. City National has been - and will continue to be - a huge part of my life, and I know its best days are still to come." The Full Research Report on City National Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: []



  1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at
  5. For any urgent concerns or inquiries, please contact us at
  6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to for consideration.


Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Ananya Ghosh, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.


Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.


Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Analysts' Corner