Rewards, Convenient Payment Solutions, and Lower Rates - Research Report on Citigroup, Bank of America, UBS, TCF, and Westpac

NEW YORK, March 8, 2013 /PRNewswire/ --

Today, Investors Alliance announced new research reports highlighting Citigroup Inc. (NYSE: C), Bank of America Corporation (NYSE: BAC), UBS AG (NYSE: UBS), TCF Financial Corporation (NYSE: TCB), and Westpac Banking Corporation (NYSE: WBK). 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

Together with Goldman Sachs, Citigroup took action regarding cyber-attack prevention by alerting shareholders, as the US has urged government agencies and banks to strengthen their defenses against such attacks. Mobile and online banking provide new entry points that can be used to either penetrate or disturb operations. In February, President Obama asked the government to develop cyber security standards to aid the companies that are running important infrastructure. Security research firms noted that there is likely to be a 30 percent increase in the companies' expenses that are related to cyber intrusions, once the cyber security standards are implemented. Meanwhile, Citigroup recently announced development of a new mobile and web-based patient payment solution, Money² for Health, with Aetna as the charter healthcare benefits company. The payment platform enables patients to go online or use their mobile devices to reconcile their healthcare bills, receive alerts, pay amounts due, and view past payments. The platform brings together a network of insurance carriers and healthcare providers. Money²for Health is expected to launch in late 2013. 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.investors-alliance.com/r/full_research_report/6137_C]

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Bank of America Corporation Research Report

Responsible debtors with good payment practices can now earn cash by paying more than the monthly minimum on time with the new BankAmericard Better Balance Rewards credit card by Bank of America. The new rewards card will reward customers for responsible management of their monthly payments. Account holders can earn $100 annually, plus additional relationship bonus. With the BankAmericard Better Balance Rewards card, customers automatically receive $25 for every quarter that they pay more than the monthly minimum due and make payments on time. The card will be available beginning this week. Bank of America will report its first quarter 2013 financial results on April 17. The Full Research Report on Bank of America Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/f37f_BAC]

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UBS AG Research Report

IN February, UBS finally completed its agreed acquisition of Brazil's largest independent brokerage firm, Link Investimentos. UBS will incorporate the firm's research department, which consistently has been receiving the Top 5 ranking in Central Bank. Link Investimentos traded 217 million contracts in 2012, representing 16 percent market share. UBS reported positive 2012 financial results mainly due to cost reduction initiatives. For 2013 the company continues its cost reduction efforts, expecting restructuring charges of approximately CHF300 million in the first quarter. Considering the current and regulatory issues arising from past financial crises, UBS expects associated charges to remain at elevated levels through fiscal year 2013. The Full Research Report on UBS AG - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/57f1_UBS]

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TCF Financial Corporation Research Report

In January, TCF Bank, TCF's principal subsidiary, has entered into an agreement with the Office of the Controller of the Currency (OCC), agreeing to regulatory settlement regarding the previously disclosed deficiencies in its Bank Secrecy Act compliance program. The company has agreed to payment of a civil money penalty amounting to $10 million, or six cents per common share in the fourth quarter of 2012. For the quarter, TCF's net interest margin went up 87 basis points, or 4.79 percent, with pre-tax pre-provision profit of $87.2 million, up 3.5 percent. Its over 60-day accruing delinquent loans improved by $3.2 million, increasing 3.2 percent. For the full year 2012, total loans and leases went up nine percent to $15.4 billion, and average deposits went up 10.1 percent, or $1.2 billion. 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.investors-alliance.com/r/full_research_report/b6ac_TCB]

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Westpac Banking Corporation Research Report

Australia-based Westpac Institutional Bank launched in February the Westpac Corporate Evergreen Account, which will provide corporates and institutions with unprecedented flexibility in managing working capital. Evergreen provides organizations with a choice of notice periods to suit their liquidity needs - the first of its kind in Australia. Earlier in February Westpac also cut its two year fixed rate home loan to 4.99 percent, the lowest since April 2009. The Full Research Report on Westpac Banking Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/9ffc_WBK]

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SOURCE Investors-Alliance