Senior Notes Offerings, Partnerships, Expansion of Services, and Appointments - Research Report on Bank of America, Citigroup, Wells Fargo, PNC, and SunTrust

NEW YORK, August 20, 2013 /PRNewswire/ --

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Today, Investors' Reports announced new research reports highlighting Bank of America Corporation (NYSE: BAC), Citigroup, Inc. (NYSE: C), Wells Fargo & Company (NYSE: WFC), The PNC Financial Services Group, Inc. (NYSE: PNC), and SunTrust Banks, Inc. (NYSE: STI). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Bank of America Corporation Research Report

On August 15, 2013, Bank of America Corporation (Bank of America) and its wholly-owned subsidiaries, Merrill Lynch & Co., Inc. and BAC Canada Finance Company, announced the expiration of their offers to purchase for up to approximately $2.9 billion cash 11 series of their respective senior notes which are scheduled to mature in 2014. The Company stated that approximately $6.2 billion in aggregate principal amount of the Notes had been validly tendered and not withdrawn as of the expiration date on August 14, 2013 at 11:59 p.m., New York City time. 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.InvestorsReports.com/report/2013-08-15/BAC]

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Citigroup, Inc. Research Report

On August 14, 2013, Citigroup, Inc. (Citigroup) announced that it has initiated an offer to purchase for cash certain of its seven series of outstanding notes. Citigroup reported that the notes have an aggregate principal amount outstanding of approximately $11.5 billion as of August 13, 2013. According to the Company, the offers, which totals to $3.07 billion, are consistent with its liability management strategy, and reflect its ongoing efforts to enhance the efficiency of its funding and capital structure. 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.InvestorsReports.com/report/2013-08-15/C]

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Wells Fargo & Company Research Report

On August 7, 2013, Wells Fargo & Company (Wells Fargo) announced its new partnership with American Express. Wells Fargo stated that it will begin issuing new credit cards which will be accepted on the American Express network, and the new cards will be available in the marketplace across the nation by mid-2014. John Stumpf, Chairman and CEO of Wells Fargo, said, "We are delivering on our strategy to expand our credit card business." Stumpf explained, "Our goal is to offer Wells Fargo customers a suite of cards that help them meet their financial goals. We're proud to have American Express as a partner in this effort - a great company with a proven brand for customer service." 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.InvestorsReports.com/report/2013-08-15/WFC]

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The PNC Financial Services Group, Inc. Research Report

On August 15, 2013, The PNC Financial Services Group, Inc. (PNC) announced the addition of Andrew Feldstein to its Board of Directors, with immediate effect. James E. Rohr, Executive Chairman of PNC, commented, "Mr. Feldstein brings a reputation for innovation and additional risk management expertise to the Board. His vision and experience should benefit PNC as we seek to grow our business and further strengthen our balance sheet." According to PNC,  Mr. Feldstein is also the co-founder, chief executive officer and chief investment officer of BlueMountain Capital Management, LLC (BlueMountain), and prior to founding BlueMountain in 2003, he  worked as managing director and head of Structured Credit, head of High Yield Sales, Trading & Research and head of Global Credit Portfolio for JPMorgan. The Full Research Report on The PNC Financial Services Group, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-08-15/PNC]

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SunTrust Banks, Inc. Research Report

On August 14, 2013, SunTrust Banks, Inc. (SunTrust) and BCSG jointly announced that it has started offering its small business clients the wide range of tools and services available through BCSG's Business Hub and CreditHQ online tools. According to the Companies, Business Hub is a package of the most important tools a small business owner needs to run their business and through it customers can access leading online accounting software, a website builder, a business planning tool legal document creator and a data backup and sharing application. The Company further stated that CreditHQ is an online credit management tool to help small businesses avoid late payment and bad debt by checking and monitoring businesses to whom they extend payment terms.  Beverly Ladley, Retail Products and Consumer Lending Executive for SunTrust, stated, "Working with BCSG, we identified the most common areas where business owners could use assistance, and have packaged solutions to help them gain an edge in running their businesses more effectively and efficiently. Business Hub and CreditHQ add another differentiator for the bank's value proposition to small businesses and help strengthen our client relationships." 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.InvestorsReports.com/report/2013-08-15/STI]

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SOURCE Investors' Reports