Appointments, Dividends, and Corporate Announcements by Companies in the Financial Sector - Research Report on JPMorgan Chase, Citi, Wells Fargo, Visa, and Schwab
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NEW YORK, October 31, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting JPMorgan Chase & Co. (NYSE: JPM), Citigroup, Inc. (NYSE: C), Wells Fargo & Company (NYSE: WFC), Visa, Inc. (NYSE: V), and The Charles Schwab Corporation (NYSE: SCHW). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
JPMorgan Chase & Co. Research Report
On October 28, 2013, JPMorgan Chase & Co. (JPMorgan Chase) announced that Michael Boardman will join the Company as CEO of Chase Wealth Management (CWM). According to the Company, Mr. Boardman will help grow Chase Private Client and Chase Investments across CWM, working very closely with its partners in the Private Bank at J.P. Morgan. Additionally, the Company informed that Mr. Boardman will report to Barry Sommers, CEO of the Consumer Bank, and be based in New York. Commenting on the release, Mr. Sommers stated, "We couldn't be more excited to have someone of Michael's caliber join our team. Michael is an A-player and can build on the terrific success we've had at Chase Wealth Management." 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.analystscorner.com/r/full_research_report/4b5b_JPM]
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Citigroup, Inc. Research Report
On October 24, 2013, Citigroup, Inc. (Citi) reported that to continue its support of the next generation of Team USA, the Company has announced a donation of $500,000 to the United States Olympic Committee to launch the Every Step of the Way® program for the Sochi 2014 Olympic and Paralympic Winter Games. According to the Company, Citi is passing the torch to a new team of Citi athletes and extending the program through 2014, donating a total of $1 million to the U.S. Olympic Committee since 2012. Commenting on the initiative, Citi CEO, Michael Corbat said, "Citi is proud to support Team USA through 2016 while providing much-needed support for the future success of the next generation of Olympic and Paralympic hopefuls. Giving every American the chance to support the U.S. Olympic and Paralympic Teams is a great way to share the Olympic spirit with clients, fans and communities across the country." 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.analystscorner.com/r/full_research_report/7010_C]
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Wells Fargo & Company Research Report
On October 28, 2013, Wells Fargo & Company (Wells Fargo) announced that for the fifth straight year, the Company is America's top SBA lender in dollar volume, approving a record of approximately $1.5 billion in SBA 7(a) loans for small businesses in federal FY 2013, from October 1, 2012 to September 30, 2013. According to the Company, Wells Fargo increased its dollar volume of SBA 7 (a) loans by 18.3% from a year ago. David Rader, Head of Wells Fargo's SBA Lending Division stated, "Each and every SBA loan we extend not only helps a small business thrive and grow, it also helps drive economic recovery and development in that community. We're humbled by the trust America's small business owners have placed in us, and immensely proud of our role in helping our customers and our communities overcome the challenges they have faced over the last five years." 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.analystscorner.com/r/full_research_report/d00c_WFC]
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Visa, Inc. Research Report
On October 23, 2013, Visa, Inc. (Visa) reported that on October 22, 2013, its Board of Directors has approved the Company's 2014 annual meeting of stockholders to be held on January 29, 2014. Additionally, the Company stated that its class A common stockholders as of the close of business on December 3, 2013, will be entitled to vote at the Annual Meeting. Visa also announced that on the date of the release, the Company's Board of Directors has declared a quarterly dividend in the aggregate amount of $0.40 per share of the class A common stock (determined in the case of class B and class C common stock on an as-converted basis) will be payable on December 3, 2013, to all holders of record of the class A, class B, and class C common stock as of November 15, 2013, increasing the annual dividend rate from $1.32 per share to $1.60 per share. The Full Research Report on Visa, Inc. - 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/a563_V]
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The Charles Schwab Corporation Research Report
On October 24, 2013, The Charles Schwab Corporation (Schwab) announced that its Board of Directors has declared a regular quarterly cash dividend of $0.06 per common share. According to Schwab, the dividend is payable on November 22, 2013, to stockholders of record as of the close of business on November 8, 2013. Additionally, Schwab reported that the Board of Directors also declared a regular quarterly dividend on the outstanding Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B, in the amount of $15.00 per share or c.$0.38 per depositary share payable on December 2, 2013, to stockholders of record as of the close of business on November 15, 2013. The Full Research Report on The Charles Schwab Corporation - 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/34ad_SCHW]
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