Announcements, Releases, New Appointments, Debt Offerings, and Corporate Recognitions of Financial Companies - Research Report on BBVA, UBS, Santander, ING, and American Equity PR Newswire NEW YORK, July 25, 2013 NEW YORK, July 25, 2013 /PRNewswire/ -- Editor Note: For more information about this release, please scroll to bottom. Today, Analysts' Corner announced new research reports highlighting UBS AG (NYSE: UBS), Banco Santander-Chile (NYSE: SAN), Banco Bilbao Vizcaya Argentaria, S.A. (NYSE: BBVA), ING Groep NV (NYSE: ING), and American Equity Investment Life Holding Co. (NYSE: AEL). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below. Banco Bilbao Vizcaya Argentaria, S.A. Research Report On July 12, 2013, Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) announced that the Euromoney magazine has awarded BBVA as the Best Bank in Latin America in its 2013 Euromoney Awards for Excellence. BBVA Provincial (Venezuela) and BBVA Continental (Peru) also won best bank titles in their respective countries. Ignacio Deschamps, BBVA's Head of Retail Banking, stated that the awards reflect the commitment of the Bank's employees in terms of their outstanding service to customers and the quality of their products and services. Deschamps highlighted the immense effort invested by BBVA's franchisees in Mexico and South America to improve processes and channels through technology and innovation that resulted in better service and greater customer satisfaction. The Company also reported receiving the Best Bank and Best Debt House recognitions in Spain under wholesale banking category. The Full Research Report on Banco Bilbao Vizcaya Argentaria, S.A. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/0b05_BBVA] -- UBS AG Research Report On July 22, 2013, UBS AG (UBS) announced its Q2 2013 Preliminary results. UBS expects its operating profit before tax to be approximately CHF 1,020 million and its net profit attributable to shareholders to be approximately CHF690 million. According to the Company, its Basel III common equity tier 1 ratio is expected to improve markedly to approximately 11.2% on a fully applied basis and 16.2% on a phase-in basis. UBS also informed that it has reached an agreement in principle with the Federal Housing Finance Agency (FHFA) to settle claims that relates to US residential mortgage-backed securities (RMBS) offerings between 2004 and 2007. UBS further stated that it will release its full financial report for Q2 2013 on July 30, 2013. The Full Research Report on UBS AG - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/1676_UBS] -- Banco Santander-Chile Research Report On July 16, 2013, Banco Santander-Chile (Santander) announced that it has appointed Román Blanco as the Company's new Country Head in the US. Blanco joined Santander in 2004 and was appointed Country Head for Colombia in 2007. Afterwards, in 2012, he took charge of Santander's Puerto Rico operations, which in June 2013 became a part of the Group's organizational structure in the US. Santander also stated that Blanco will now take over from Jorge Morán, who completed the reorganization of the Group's business units in the United Stated and Sovereign Bank's implementation of the Santander Group technical and operating platform. The Full Research Report on Banco Santander-Chile - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/d603_SAN] -- ING Groep NV Research Report On July 10, 2013, ING Groep NV (ING) announced that it has attained an agreement to dispose its investment management business in South Korea to the Australia-based, global financial services provider, Macquarie Group. The transaction is subject to regulatory approvals and is expected to close in Q4 2013. ING also informed that this divestment is not expected to have a material impact on ING Group results nor is it to impact ING commercial banking activities in South Korea. Further, it said that the transaction announcement is part of the Company's prior revealed process to divest its insurance and investment management businesses. As per ING, its investment management business in South Korea manages approximately KRW 25 trillion or approximately Euro 17 billion, mainly for the local institutional clients including ING Life Korea. The Full Research Report on ING Groep NV - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/5304_ING] -- American Equity Investment Life Holding Co. Research Report On July 12, 2013, American Equity Investment Life Holding Co. (American Equity) announced that it has priced a public offering of $400 million aggregate principal amount of senior unsecured notes which will mature on July 15, 2021 and bears interest at 6.63% per annum. According to the Company, the net proceeds of the offering will be used by the Company to pay the cash consideration related to repurchase the Company's 5.25% Contingent Convertible Senior Notes due 2029, to pay the cash consideration required to purchase the Company's 3.5% Convertible Senior Notes due 2015, to repay all amounts outstanding under the Company's existing revolving credit facility and to pay related fees and expenses. The Full Research Report on American Equity Investment Life Holding Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/53f4_AEL] ---- 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. 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Announcements, Releases, New Appointments, Debt Offerings, and Corporate Recognitions of Financial Companies - Research Report
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