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Banks Announce Survey Results, Layoffs, Auction Winners, and Dividend Updates - Research Report on Bank of America, Citigroup,



Banks Announce Survey Results, Layoffs, Auction Winners, and Dividend Updates
- Research Report on Bank of America, Citigroup, JPMorgan Chase, Wells Fargo,
                                   and PNC

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

PR Newswire

NEW YORK, September 16, 2013

NEW YORK, September 16, 2013 /PRNewswire/ --

Today, Investors' Reports announced new research reports highlighting Bank of
America Corporation (NYSE: BAC), Citigroup, Inc. (NYSE: C), JPMorgan Chase &
Co. (NYSE: JPM), Wells Fargo & Company (NYSE: WFC), and PNC Financial Services
Group Inc. (NYSE: PNC). 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 September 11, 2013, Bank of America Corporation (Bank of America) announced
that according to the Bank of America Merrill Lynch-SunGard Asia Pacific
Treasury Management Barometer survey, 24% of polled treasurers in Taiwan are
currently making payments and collecting receipts through an offshore RMB
(CNY) account. Kitty Yen, Head of Treasury Sales for Taiwan, stated, "As
treasury practices continue to evolve and business connections with Mainland
China further solidify, Taiwan treasurers will increasingly embrace CNY as a
strategic currency for both payments and receipts. Outside present and future
expectations of broad RMB usage, the results of the inaugural Asia Pacific
Treasury Management Barometer reveal that Taiwan companies are also amongst
the region's progressive as measured by cash visibility, account
rationalization and technology adoption." According to the Company, the survey
was conducted in Q1 2013 and respondents to the survey included companies
across 14 industries throughout Asia Pacific, and also included opinions from
treasurers covering the region from Europe and North America. 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/2013-09-11/BAC]

Citigroup, Inc. Research Report

On September 11, 2013, Bloomberg reported that Citigroup, Inc. (Citigroup) has
shut its office in Illinois and is into a job cutting spree as rising mortgage
rates are driving off borrowers. According to the release, the Company has
also recently closed its Danville facility and dismissed 120 people due to
slowdown in refinancing. As stated in the report, Mark Rodgers, Citigroup
spokesman, said, "The Danville facility was originally established to handle
the surge in demand for refinancing. However, due to the ongoing decline in
refinance volumes, the excess capacity Danville provided is no longer needed."
The Full Research Report on Citigroup, Inc. - including full detailed
breakdown, analyst ratings and price targets - is available to download free
of charge at: [http://www.investorsreports.com/report/2013-09-11/C]

JPMorgan Chase & Co. Research Report

On September 11, 2013, JPMorgan Chase & Co.'s (JPMorgan Chase) division, Chase
Auto Finance announced the winners of its '2013 Chase Cup for Auction
Excellence.' According to the Company, seven auto auctions from across the US
were awarded during the National Auto Auction Association's annual conference
in Indianapolis, Indiana. Sandra Broderick, Senior Vice President and
Operations Executive for Chase Auto Finance said, "Chase Auto Finance applauds
these high-performing auto auctions for their significant contributions to the
used vehicle industry. The Chase Cup celebrates auctions with a strong
commitment to exceptional customer service, operational excellence, and
"bottom line" financial results." The Full Research Report on JPMorgan Chase &
Co. - including full detailed breakdown, analyst ratings and price targets -
is available to download free of charge at:
[http://www.investorsreports.com/report/2013-09-11/JPM]

Wells Fargo & Company Research Report

On September 12, 2013, Forbes reported  that Wells Fargo & Company (Wells
Fargo) will trade ex-dividend, for its quarterly dividend payment of $0.45 per
share on the Company's 7.25% Non-cumulative Exchangeable Perpetual Series A
Preferred Securities. As stated in the release, the said dividend will be
payable on September 30, 2013. 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/2013-09-11/WFC]

PNC Financial Services Group Inc. Research Report

On September 10, 2013, PNC Financial Services Group Inc. (PNC) released the
results of its third PNC Perspectives on Retirement Survey. PNC stated that
the survey, which was conducted by phone in July 2013, examined retirement
preparation behaviors and habits. According to the Company, the survey showed
that 49% of Americans in their prime retirement planning years believe that
they will need to work longer than previously planned in order to save enough
to retire, while 58% of those aged 70 and below, who have already left the
workforce, did so earlier than planned. Commenting on these results, PNC Vice
President and Senior Wealth Planner with PNC, Celandra Deane-Bess, CFP,
stated, "The survey clearly shows that the age at which people expect to
retire is not always in their control. Economic uncertainty, employer actions
and unexpected health issues often force individuals to retire earlier than
they planned which puts a premium on sound financial habits early." The Full
Research Report on PNC Financial Services Group Inc. - including full detailed
breakdown, analyst ratings and price targets - is available to download free
of charge at: [http://www.investorsreports.com/report/2013-09-11/PNC]

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 an analyst. 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
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 4. If you wish to have your company covered in more detail by our team, or
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 5. For any urgent concerns or inquiries, please contact us at
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 6. Are you a public company? Would you like to see similar coverage on your
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www.InvestorsReports.com

SOURCE Investors' Reports

Contact: Kristi Saunders +1-315-982-6420 (North America)
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