Banking Sector Announces Philanthropic Activities, Integration of Technology Platforms and Upcoming Financial Results Schedules - Research Report on Wells Fargo, Scotiabank, CIBC, OFG and TCF
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NEW YORK, October 15, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Wells Fargo & Company (NYSE: WFC), The Bank of Nova Scotia (NYSE: BNS), Canadian Imperial Bank of Commerce (NYSE: CM), OFG Bancorp (NYSE: OFG) and TCF Financial Corporation (NYSE: TCB). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Wells Fargo & Company Research Report
On October 8, 2013, Wells Fargo & Company (Wells Fargo) announced that the Company has presented $1,000 checks to 520 high school student winners in communities across the country from the Company's "CollegeSTEPS expanded sweepstakes"- a part of Wells Fargo's College STEPS program. The Company stated that with the rising cost of a college education, the Wells Fargo CollegeSTEPS sweepstakes can help students cover miscellaneous expenses, such as books, computers or lab fees. According to Wells Fargo, since 1998 the Company has awarded more than $1 million to students through its CollegeSTEPS sweepstakes and will award an additional 200 cash prizes of $1,000 each, during the 2013/2014 academic year. Wells Fargo further added that in 2012, Wells Fargo's community contributions included $75.7 million to 8,000 educational programs and schools across the US, and $19.3 million in matched educational donations from team members. 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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The Bank of Nova Scotia Research Report
On October 10, 2013, The Bank of Nova Scotia (Scotiabank) announced that the Company has offered a transformational gift of $750,000 for the IWK Health Centre. The Company stated that the said donation will support Child Safety Link, a Maritime-wide injury prevention program, and the redevelopment of the IWK's Rehabilitation Services - a priority area for the tertiary care hospital that serves the region. Senior Vice President of Scotiabank's Atlantic Region, Islay McGlynn said, "Scotiabank is proud to support the IWK Health Centre, a vital part of the Maritime community, through our Bright Future philanthropic program. The IWK Health Centre changes lives for our young people, for women across the region and for families. And Scotiabank shares in their belief that healthy communities make stronger communities." The Company further informed that its contribution will also support Child Safety Link's Childhood Injury Prevention Resource Guide, to be created and distributed around the Maritimes. The Full Research Report on The Bank Of Nova Scotia - 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/000c_BNS]
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Canadian Imperial Bank of Commerce Research Report
On October 7, 2013, Canadian Imperial Bank of Commerce (CIBC) announced that on October 6, 2013, its 15,000 employees, family and friends, walked, ran, or volunteered in the Canadian Breast Cancer Foundation CIBC Run for the Cure, thus raising more than $3 million. CIBC stated that, as a title sponsor of the Run since 1997, the Company is pleased to have helped the Canadian Breast Cancer Foundation raise a total of $27 million from this year's event for breast cancer research, treatment and awareness programs. The Company stated that its team's support included raising funds through pledges, fundraising initiatives and the CIBC Pink Collection. The Full Research Report on Canadian Imperial Bank of Commerce - 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/7732_CM]
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OFG Bancorp Research Report
On October 10, 2013, OFG Bancorp (OFG) (formally known as Oriental Financial Group Inc.) announced that its subsidiary, Oriental Bank, has successfully completed the conversion of BBVA Puerto Rico's operations and technology platform to Oriental's platform. According to the Company, OFG acquired BBVA's PR operations in December 2012, which transformed Oriental Bank into one of the leading banks in Puerto Rico, with the second largest branch network of 55 and more than 90 ATMs and 1,500 employees. President, CEO and Vice Chairman of OGF, José Rafael Fernández said, "Our goal was to seamlessly integrate both banks' platforms, while maintaining the quality of service that our clients are accustomed to receiving from us. After 10 months of intensive planning, testing and standardization of processes and procedures, we have successfully completed the conversion. We are grateful for the commitment our employees have shown during this process, maintaining constant and transparent communication with all our clients throughout all our lines of business. Because of their dedicated efforts, this conversion was a total success." The Full Research Report on OFG Bancorp- 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/55fb_OFG]
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TCF Financial Corporation Research Report
On October 7, 2013, TCF Financial Corporation (TCF) announced that the Company will conduct a conference call to discuss its Q3 2013 financial results on Friday, October 25, 2013 at 8:00 a.m. CT. According to the Company, Chairman and CEO, William A. Cooper, jointly with other TCF executives, will host the call, which will be webcast live on the investor relations section of TCF's website. The Full Research Report on TCF Financial 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/c56e_TCB]
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