01.08.2013 14:00:00

New Appointments and Partnerships, Enhanced Business Models, and Strong Results Promote Bank Investors' Value - Research Report on Bank of America, Wells Fargo, U.S. Bank, Barclays, and Credit Suisse

NEW YORK, August 1, 2013 /PRNewswire/ --

Today, Investors' Reports announced new research reports highlighting Bank of America Corporation (NYSE: BAC), Wells Fargo & Company (NYSE: WFC), U.S. Bancorp (NYSE: USB), Barclays PLC (NYSE: BCS), and Credit Suisse Group AG (NYSE: CS). 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 July 24, 2013, the Board of Directors of Bank of America Corporation (Bank of America) announced the appointment of Clayton Rose and Pierre de Weck as new directors, with immediate effect. Commenting on the appointments, Charles O. Holliday, Jr., Chairman of Bank of America, said, "Clayton and Pierre are strong leaders who understand the operations of global financial institutions. Their joining the board enhances the already strong diversity of experience our board contributes to the benefit of shareholders." Brian Moynihan, CEO of Bank of America, added, "The management team and I look forward to working with these two experienced leaders." 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/2013-07-30/BAC]

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Wells Fargo & Company Research Report

On July 25, 2013, Wells Fargo & Company (Wells Fargo) announced that Wells Fargo Ventures, LLC plans to withdraw from its eight joint ventures in mortgage lending. Wells Fargo reported that the decision is effective immediately, and is expected to be completed over the next 12 to 18 months. Franklin Codel, Wells Fargo's Executive Vice President, Head of Mortgage Production, stated, "This decision reflects our response to new operating realities and our commitment to continuously improving our business model." Codel continued, "As a leader in home lending, we want to ensure we're always in the best position to help Americans achieve the dream of homeownership." 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/2013-07-30/WFC]

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U.S. Bancorp Research Report

On July 29, 2013, U.S. Bancorp (U.S. Bank) announced that U.S. Bank Global Corporate Trust was selected by Freddie Mac as the global agent for its $500 million unsecured bond offering which closed on July 26, 2013. Bryan Calder, President of U.S. Bank Global Corporate Trust Services, said, "We look forward to expanding our relationship with Freddie Mac and our appointment to this landmark deal is a testament to U.S. Bank's expertise and agility in delivering unique corporate trust services to the mortgage and asset-backed market." Further, Kevin Palmer, Vice President of Costing & Portfolio Management for Freddie Mac, stated, "U.S. Bank is a valuable business partner to Freddie Mac who has shown the expertise to develop the type of customized solutions required for our first STACR transaction." 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/2013-07-30/USB]

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Barclays PLC Research Report

On July 5, 2013, Barclays PLC (Barclays) announced that Irene McDermott Brown has been appointed as the Company's Group Human Resources Director. Antony Jenkins, Group CEO of Barclays, commented, "Irene has demonstrated her commitment and ability to lead an HR function which can support the business as we deliver the Transform agenda and embed our new purpose and values throughout Barclays - both essential to achieving our goal of becoming the 'Go-To' bank." Commenting on her own appointment, Brown said, "Every organization's success depends on the decisions you make around people: who you recruit; how you reward performance; development of your talent; and retention are all crucial to organizational performance. I'm relishing the challenge of leading the Barclays HR function as we deliver the changes to the business and its culture that we have promised." 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.InvestorsReports.com/report/2013-07-30/BCS]

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Credit Suisse Group AG Research Report

On July 25, 2013, Credit Suisse Group AG (Credit Suisse) released its Q2 2013 financial results. The Company reported net income (attributable to shareholders) of (Swiss Franc) CHF1 billion, up 32.6%, while diluted EPS was up 18.2% YoY to CHF0.52. Commenting on the results, Brady W. Dougan, CEO of Credit Suisse, said, "With an underlying return on equity of 13% for the first six months of 2013 and 10% for the second quarter, our business model is performing well and we continue to make progress in reducing our cost base and balance sheet. Our Look-through Swiss Core Capital ratio significantly increased from 9.6% at the end of the first quarter to 10.4% at the end of the second quarter of 2013. We are pleased to have exceeded our target of 10% for the middle of this year. Operating under Basel III, we are generating one of the highest returns on equity in our peer group with a strong capital base." 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.InvestorsReports.com/report/2013-07-30/CS]

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    Aktien in diesem Artikel

    Bank of America Corp. 41,92 -0,64% Bank of America Corp.
    Barclays PLCShs American Deposit.Receipts Repr.4 Shs 13,08 1,24% Barclays PLCShs American Deposit.Receipts Repr.4 Shs
    Credit Suisse GroupShs Sponsored American Deposit.Receipts Repr. 1 Sh 0,80 1,02% Credit Suisse GroupShs Sponsored American Deposit.Receipts Repr. 1 Sh
    U.S. Bancorp 45,47 -1,14% U.S. Bancorp
    Wells Fargo & Co. 68,14 2,33% Wells Fargo & Co.