New Subscription Price, Agency Appointments, Dividends, and Merger Agreements - Analyst Notes on Deutsche Bank, XL Group, Bank of Ireland, Cathay General Bancorp and National Penn Bancshares

NEW YORK, June 12, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding Deutsche Bank AG (NYSE: DB), XL Group plc (NYSE: XL), Bank of Ireland (NYSE: IRE), Cathay General Bancorp (NASDAQ: CATY) and National Penn Bancshares, Inc. (NASDAQ: NPBC). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/3641-100free.

Deutsche Bank AG Analyst Notes
On June 5, 2014, Deutsche Bank AG (Deutsche Bank) announced the subscription price for new registered no par value shares as part of the Bank's capital increase against cash contributions at €22.50 per share, which will run from June 6, 2014 until June 24, 2014. Deutsche Bank will issue a total of 299.8 million common shares in public offerings in Germany, the United Kingdom, and in the United States, using authorized capital. The number of common shares corresponds to an 18:5 subscription ratio, which means that for every 18 existing shares shareholders bought, additional 5 new shares can be acquired at the subscription price. The fully underwritten gross proceeds will amount to €6.75 billion. The full analyst notes on Deutsche Bank are available to download free of charge at:

http://www.analystsreview.com/Jun-12-2014/DB/report.pdf

XL Group plc Analyst Notes
On June 3, 2014, XL Group plc (XL Group) announced that it has appointed Aldith "Allie" Townsend as a new underwriter in its Railroad business, part of the Company's Global Excess Casualty division. In the new role, Townsend will report to Denise DePrimo, Senior Vice President and Railroad Manager, who commented, "Railroads play a very significant role in our supply chain and economy, carrying as much as 40% of the world's freight cargo. Given the nature of their operations and the cargo that they are tasked with carrying, railroads face complex risks. That's why they need to rely on the kind of specialized underwriting expertise and industry knowledge that Allie and our team brings to their risk management efforts." The full analyst notes on XL Group are available to download free of charge at:

http://www.analystsreview.com/Jun-12-2014/XL/report.pdf

Bank of Ireland Analyst Notes
On June 9, 2014, Bank of Ireland reported that Wilbur L. Ross, Jr has notified of his resignation as a Director of Bank of Ireland. In addition, Ross also notified the sale of remaining shares by certain funds connected with him, totalling to c. 1.8 billion units in Bank of Ireland. Commenting on the news, Archie G. Kane, Chairman of the Bank of Ireland Group, said, "On behalf of the Board I would like to thank Wilbur for his contribution, diligence and commitment as a Board member. Wilbur was instrumental in the success of the 2011 capital raising and, throughout his tenure, we have benefited greatly from his insights." The full analyst notes on Bank of Ireland are available to download free of charge at:

http://www.analystsreview.com/Jun-12-2014/IRE/report.pdf

Cathay General Bancorp Analyst Notes
On May 23, 2014, the Board of Directors of Cathay General Bancorp declared a cash dividend of $0.07 per common share. The Company stated that the dividend is payable on June 12, 2014 to shareholders of record as of the close of business on June 2, 2014. The full analyst notes on Cathay General Bancorp are available to download free of charge at:

http://www.analystsreview.com/Jun-12-2014/CATY/report.pdf

National Penn Bancshares, Inc. Analyst Notes
On June 4, 2014, National Penn Bancshares, Inc. (National Penn Bancshares) entered into a definitive merger agreement with TF Financial Corporation (TF Financial), whereby National Penn will acquire TF Financial, consequent to which the Company's earnings per share is expected to increase by $0.04. In relation with the transaction, TF Financial shareholders will receive either $42.00 in cash of 4.22 shares of National Penn stock for each share of TF Financial stock, for an estimated aggregate transaction value of $138 million. Aggregate consideration is limited to 40% cash and 60% stock. Scott V. Fainor, President and CEO of National Penn stated, "We are excited about the affiliation with a high quality company like TF Financial. Expanding our market presence in the attractive Bucks and Philadelphia Counties in Pennsylvania and the opportunity to enter New Jersey fits perfectly into our strategy." The full analyst notes on National Penn Bancshares are available to download free of charge at:

http://www.analystsreview.com/Jun-12-2014/NPBC/report.pdf

About Analysts Review
We do things differently. Our goal is to provide the best content to our exclusive membership. We are constantly hiring researchers, writers, editors and analysts to add to our team and become better than yesterday. If being a part of a fast growing community with an edge in today's market sounds interesting to you, then sign-up today and experience the full benefits of membership.

===============
EDITOR'S 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 produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. 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 investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.analystsreview.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.analystsreview.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.analystsreview.com for consideration.

COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE
Analysts Review makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED
Analysts Review is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Analysts Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Analysts Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Analysts Review does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Analysts Review

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED