Bank Industry Announce Awards, Loan Facilities, Agreements, and Scholarship Winners - Research Report on Citigroup, JP Morgan, PNC, SunTrust Bank, and RBC

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Aug 05, 2013, 08:00 ET

NEW YORK, August 5, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting Citigroup, Inc. (NYSE: C), JPMorgan Chase & Co. (NYSE: JPM), PNC Financial Services Group Inc. (NYSE: PNC), SunTrust Banks, Inc. (NYSE: STI), and Royal Bank of Canada (NYSE: RY). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Citigroup, Inc. Research Report

On July 23, 2013, Citigroup, Inc. (Citi) announced the panel of judges participating in the 2013 FT/Citi Ingenuity Awards: Urban Idea in Action program, sponsored by Citi. The Company reported that the judges, which are all known leaders in their fields, will select the most innovative solutions enabling urban progress, including city administration, transport systems, energy and utilities, education and resource management, housing, health, social services and mobile technologies. The judges for the upcoming event includes Professor Abhijit Banerjee, Economist: Current Ford Foundation International; John Bowis, O.B.E., Honorary President of Health First Europe; Sir Terry Farrell, C.B.E., International Architect & Design Champion and Director for Terry Farrell and Partners; Edwin Heathcote, Architecture and Design Critic and Co-Chair for Financial Times; Bruno Lanvin, Executive Director, European Competitiveness Initiative, Co-Chair for INSEAD; Janice Muthui, Foundation Manager of Community Cooker Foundation, 2012 FT/Citi Ingenuity Awards global winner; Professor Carlo Ratti, Italian Architect and Engineer; Professor Anne-Marie Slaughter, President of New America Foundation and Luanne Zurlo, Founder and President, of Worldfund. 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]

JPMorgan Chase & Co. Research Report

On July 30, 2013, JPMorgan Chase & Co. (JPMorgan) announced that J.P. Morgan Ventures Energy Corporation (J.P. Morgan Ventures Energy), an energy subsidiary of the Company, has agreed on a settlement with the US Federal Energy Regulatory Commission (FERC), thus resolving the FERC investigation of the Company's bidding and offering of electricity from certain power plants. According to the Company, post this agreement J.P. Morgan Ventures Energy has agreed to pay, without admitting or denying violations, disgorgement, penalties and interest totaling $410 million. JPMorgan stated that J.P. Morgan Ventures Energy is happy to fix an agreement with FERC so as to close the disputed matter. As stated, the settlement is in conjunction to power offered from plants largely acquired in connection with JPMorgan's acquisition of Bear Sterns in the year 2008. The Company added that this settlement resolves claims by the FERC's Office of Enforcement that these offers violated FERC rules. 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]

PNC Financial Services Group Inc. Research Report

On July 25, 2013, PNC Financial Services Group Inc. (PNC) announced a $150 million syndication of a senior secured revolving credit for Emerge Energy Services LP (EMES). According to the release, PNC also provided treasury management and institutional investment products. PNC Capital Markets LLC led the syndication of this deal. PNC stated that the facility was used to refinance debt and for general corporate purposes. 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.analystscorner.com/r/full_research_report/2733_PNC]

SunTrust Banks, Inc. Research Report

On July 30, 2013, SunTrust Banks, Inc. (SunTrust) announced that the Company bagged the top position the second time for Customer Advocacy in the super regional banks category of Market Probe's 2013 Multi-Sector Customer Advocacy Monitor. According to SunTrust, Market Probe's 2013 Multi-Sector Customer Advocacy Monitor is a national consumer survey of 6,000 households that rated recent customer and brand experiences on three key factors that include satisfaction, net promoter score and advocacy. The Company informed that it has won top scores in the survey's super regional bank category in which more than 80 leading US companies took part. According to SunTrust, Market Probe will present the results of the 2013 Customer Advocacy Monitor at the IQPC 2013 Digital Marketing Exchange in San Francisco, California, to be held from September 22, 2013 to September 24, 2013. The Full Research Report on SunTrust Banks, 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/0069_STI]

Royal Bank of Canada Research Report

On July 31, 2013, Royal Bank of Canada (RBC) announced twelve winners to the Company's RBC Students Leading Change Scholarship Program. According to the release, the winners are Canada's civic-minded students and they will be granted with scholarship towards their post-secondary tuition and a unique, hands-on, overseas Me to We Trip experience to Kenya, where they will volunteer with the international charity Free The Children. Director for Student Banking of the RBC Royal Bank, Melissa Jarman, commented, "Today's students have a strong interest in social good and inspiring positive change both at home and in the world around them. At the same time, students are challenged with juggling a number of priorities amid rising tuition. We want to help these individuals by reducing their financial stress so that they can focus on their academics and have the opportunity to lead change through this unique experience." The Full Research Report on Royal Bank of Canada - 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/0c2c_RY]

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