Product Update, Upcoming Conference, CSR Initiative, Earnings Update, and New Operations - Research Reports on Bank of America, Wells Fargo, JPMorgan, Citigroup and Intercontinental Exchange
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NEW YORK, November 6, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding Bank of America Corp. (NYSE: BAC), Wells Fargo & Co. (NYSE: WFC), JPMorgan Chase & Co. (NYSE: JPM), Citigroup Inc. (NYSE: C) and Intercontinental Exchange Inc. (NYSE: ICE). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/7759-100free.
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Bank of America Corp. Research Reports
On November 3, 2014, Bank of America Corp. (Bank of America) reported that Bank of America Merrill Lynch, marketing name of its global banking and global markets businesses, has enhanced its global card capabilities with new products, services and geographies, as the latest developments of a multi-year investment strategy, reflecting the continuing importance of card products to creating optimal working capital solutions for corporations and public entities. Some of the enhancements over the last year include: expanded country footprint to include countries like Guatemala and Turkey; enhanced delivery capabilities; investments in servicing; expanded B2B card solutions; expanded Chip and PIN technology; and launch of a mobile application of Global Reporting and Account Management, the expense reporting solution for card programs. The full research reports on Bank of America are available to download free of charge at:
http://www.analystsreview.com/Nov-06-2014/BAC/report.pdf
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Wells Fargo & Co. Research Reports
On October 30, 2014, Wells Fargo & Co. (Wells Fargo) announced that the Company's CFO John Shrewsberry will present at the upcoming Bank of America Merrill Lynch 2014 Banking & Financial Services Conference on November 13, 2014 at 12:10 p.m. ET or 9:10 a.m. PT in New York. The live audio webcast of the conference will be available be on the Company's official website. The full research reports on Wells Fargo are available to download free of charge at:
http://www.analystsreview.com/Nov-06-2014/WFC/report.pdf
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JPMorgan Chase & Co. Research Reports
On November 3, 2014, JPMorgan Chase & Co. (JPMorgan) announced the launch of a new five-year program - Detroit Service Corps that sends teams of top-performing employees to Detroit to help strengthen the city's nonprofit community. The Company informed that these employees will utilize their business skills and expertise to help select nonprofit organizations address the city's economic challenges. The Company will initially send 12 employees who will work in a team of three based on a skills match for each nonprofit's objectives. The work will be done at four non-profits: Eastern Market; Focus: HOPE; Michigan Community Resources; and Vanguard Community Development Corporation. John Donnelly, Head of Human Resources, JPMorgan Chase, commented, "The expertise of our employees around the world is JPMorgan Chase's most valuable resource, and we are proud to put that to work supporting Detroit's economic recovery." The full research reports on JPMorgan are available to download free of charge at:
http://www.analystsreview.com/Nov-06-2014/JPM/report.pdf
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Citigroup Inc. Research Reports
On October 30, 2014, Citigroup Inc. (Citigroup) announced an adjustment to its Q3 2014 financial results, previously reported on October 14, 2014. The Company stated that its Q3 2014 financial results will now include an additional $600 million charge, due to increase in legal accruals that resulted from rapidly-evolving regulatory inquiries and investigations, including very recent communications with certain regulatory agencies related to previously disclosed matters. This charge lowers the Company's Q3 2014 net income from $3.4 billion or $1.07 per diluted share to $2.8 billion or $0.88 per diluted share. Zacks reported that this announcement led to a 1.92% fall in the Company's share price in after-hours trading session. The full research reports on Citigroup are available to download free of charge at:
http://www.analystsreview.com/Nov-06-2014/C/report.pdf
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Intercontinental Exchange Inc. Research Reports
On November 4, 2014, Intercontinental Exchange Inc. (ICE) announced that operations at ICE Futures Singapore and ICE Clear Singapore are scheduled to begin on March 17, 2015. In November 2013, the Company acquired Singapore Mercantile Exchange and Singapore Mercantile Exchange Clearing Corporation and retained both licenses to operate as an approved exchange and an approved clearing house, respectively. The Company added that it will shortly announce the listed and cleared products at ICE Futures Singapore and ICE Clear Singapore. Intercontinental Exchange's Asian hub will be co-headed by Jennifer Ilkiw, ICE Vice President for the Asia Pacific region and Lucas Schmeddes, President and Chief Operating Officer of ICE Futures Singapore and ICE Clear Singapore. The full research reports on Intercontinental Exchange are available to download free of charge at:
http://www.analystsreview.com/Nov-06-2014/ICE/report.pdf
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