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Survey Results, New Services, Leadership Changes, and Focus on SMEs - Research Report on KeyCorp, ICICI Bank, Barclays, Credit Suisse, and Santander


News provided by

Wall Street Reports

Jul 04, 2013, 08:00 ET

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NEW YORK, July 4, 2013 /PRNewswire/ --

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

Today, Wall Street Reports announced new research reports highlighting KeyCorp (NYSE: KEY), ICICI Bank Limited (NYSE: IBN), Barclays PLC (NYSE: BCS), Credit Suisse Group AG (NYSE: CS), and Banco Santander, S.A. (NYSE: SAN). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

KeyCorp Research Report

On June 27, 2013, KeyBank Commercial Bank (KeyBank) reported the results of its quarterly Middle Market Business Sentiment Survey. According to the survey, 2013 is not the year that middle market companies will set new records for M&A activities, which is contrary to the earlier predictions for the year. As per the survey, 49% of the middle market leaders polled had no interest in making an acquisition, while 57% of companies indicated that they will expand their business within the next six months by adding employees, buying equipment, or adding new facilities. Cindy Crotty, Head of Commercial Banking Segment at KeyBank, said that it appears the middle market wants to hedge its bets given ongoing uncertainty about significant issues, such as the US debt crisis and compliance with the Affordable Health Care Act. "Until they have more clear information about these big issues, middle market companies just are not willing to take the risk of investing in and integrating acquisitions," said Crotty. The Full Research Report on KeyCorp - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/0e9b_KEY]

ICICI Bank Limited Research Report

On June 20, 2013, ICICI Bank UK PLC (ICICI Bank UK), a subsidiary of ICICI Bank Limited (ICICI Bank), announced the launch of a HiSAVE Remittance Account, an online savings account designed specifically for money transfers to India. The Company informed that the HiSAVE Remittance Account offers the dual-benefit of far more convenient money transfers to India along with the opportunity to earn interest on the balance maintained. ICICI Bank UK stated that HiSAVE Remittance Account holders will earn 1.50% interest on any balance maintained in the account and holders will also have the option to set a Rate Block on transfers to India, which means the customers are allowed to set a minimum exchange rate at which to transfer and ICICI Bank will ensure that money is sent only at that exchange rate or higher. The Full Research Report on ICICI Bank Limited - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/3a7d_IBN]

Barclays PLC Research Report

On July 1, 2013, Barclays PLC's (Barclays) Head of Manufacturing, Mike Rigby issued a comment on the PMI manufacturing statistics released on the same day: "Sentiment in the sector can best be described as conservatively positive which is echoed by today's figures. We are starting to see many manufacturers showing renewed appetite for investment and the general consensus is that we have begun what will be a steady recovery, albeit with a few bumps and scrapes along the way." The Full Research Report on Barclays PLC - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/571e_BCS]

Credit Suisse Group AG Research Report

On July 1, 2013, Credit Suisse Group AG (Credit Suisse) announced the appointment of Joachim Oechslin to the position of Chief Risk Officer of the Company, succeeding Tobias Guldimann. The appointment will become effective on January 1, 2014 and on the same date, Tobias Guldimann will take on the role of Head Reputational Risk, Corporate Responsibility and Regulatory Policy. "The risk management function is of strategic importance for our industry and for Credit Suisse. We are very pleased that we have been able to ensure a smooth transition in the leadership of this critical function," said Urs Rohner, Chairman of the Board of Directors at Credit Suisse. The Full Research Report on Credit Suisse Group AG - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/7ced_CS]

Banco Santander, S.A. Research Report    

On June 27, 2013, the head of Banco Santander Brasil (Santander Brasil), Jesus Zabalza, spoke at the XII Santander-Latin America Meeting, underlining the leading role played by small and medium-sized enterprises (SMEs) in Brazil's economic and social development. In the last two years, the Company reported that its lending to SMEs has grown 37% by volume. At the Latin America Meeting, Zabalza said that he is committed to strengthening Santander Brasil's small and medium-sized company business. "One of the major tasks ahead is to establish innovation as a key area for small businesses and to improve the products and services on offer. SMEs have a pressing need for better access to financing, information, and innovation," Zabalza said. The Company informed that SMEs now account for 99% of Brazil's registered companies, more than in most developed economies. The Full Research Report on Banco Santander, S.A. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/d202_SAN]

EDITOR NOTES:

  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 a CFA. 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 [email protected].
  5. For any urgent concerns or inquiries, please contact us at [email protected].
  6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.

COMPLIANCE PROCEDURE

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 has, through Chartered Financial Analysts, 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.

NOT FINANCIAL ADVICE

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.

NO WARRANTY OR LIABILITY ASSUMED

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.

SOURCE Wall Street Reports

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