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Financial Companies Launch New Solutions, Announce New Appointments, and Declare Dividends - Research Report on Bank of America, MetLife, Goldman Sachs, AIG, and ARMOUR

Editor Note: For more information about this release, please scroll to bottom.


News provided by

Investors' Reports

Sep 23, 2013, 08:00 ET

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NEW YORK, September 23, 2013 /PRNewswire/ --

Today, Investors' Reports announced new research reports highlighting Bank of America Corporation (NYSE: BAC), MetLife, Inc. (NYSE: MET), Goldman Sachs Group, Inc. (NYSE: GS), American International Group, Inc. (NYSE: AIG), and ARMOUR Residential REIT, Inc. (NYSE: ARR). 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 September 17, 2013, Bank of America Corporation (Bank of America) announced that it has launched Accelerated Payments to Asia - a service designed both for global institutions that remit commercial payments to beneficiaries in Asia and for Asia-based institutions whose trade within the region is denominated in US dollars. According to the Company, the launch of this new solution aims to improve the speed and efficiency with which banks and corporations make high value US dollar payments to Asian markets. Greg Murray, Head of U.S. Dollar Wire and Clearing Products, Global Transaction Services at Bank of America, said, "In today's environment, companies making U.S. dollar payments to and within Asia can face hurdles that ultimately impinge on their working capital management. These hurdles center on the time zone differences between the Asian markets and the U.S. With Accelerated Payments to Asia, we have eliminated those issues, providing banks and their customers a much faster settlement process that also offers improved visibility and control over their cash." 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/2013-09-18/BAC]

--

MetLife, Inc. Research Report

On September 17, 2013, MetLife, Inc. (MetLife) announced that the former US Ambassador William E. Kennard has been elected to the Company's Board of Directors with immediate effect. According to the Company, prior to serving as US ambassador for more than three and a half years to the European Union, Kennard served for eight years as managing director of The Carlyle Group. Steven A. Kandarian, Chairman, President and CEO of MetLife stated, "I am pleased to welcome Ambassador Kennard to MetLife's board of directors. His strong knowledge of public policy and global investment expertise will prove to be a great resource to MetLife and its shareholders." The Full Research Report on MetLife, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-18/MET]

--

Goldman Sachs Group, Inc. Research Report

On September 16, 2013, Reuters reported that according to an internal memo of the Goldman Sachs Group, Inc. (Goldman Sachs), the Company has appointed R. Martin Chavez as the Company's new Chief Information Officer (CIO), effective after the retirement of current CIO, Steven Scopellite, which is scheduled to take place by the end of 2013. The memo, signed by Chief Executive Lloyd Blankfein, Chief Operating Officer Gary Cohn, and Chief Financial Officer Harvey Schwartz, said, "As markets and regulations evolve, Marty will lead our efforts to ensure that we deploy effective and innovative technology to address our clients' needs." Reuters further reported that in another Company memo of Goldman Sachs suggests that the Company will promote Don Duet and Paul Walker to Co-Heads of Technology, both reporting to Mr. Chavez, who will in turn report to Chief Administrative Officer Jeffrey Schroeder. The Full Research Report on The Goldman Sachs Group, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-18/GS]

--

American International Group, Inc. Research Report

On August 27, 2013, American International Group, Inc. (AIG) announced that it has appointed Damian Coory to the newly created role of Vice President for Corporate Marketing and Communications for Asia Pacific. According to the Company, Mr. Coory will be based in Hong Kong, the new base of the regional communications operation, and will report to Christina Pretto, Senior Vice President, Corporate Communications, while also have a matrix reporting line to Jose Hernandez, CEO, Asia Pacific. AIG informed that prior to joining the Company Mr. Coory served as Managing Director of Coory & Associates, which he founded in 2004. Commenting on the appointment, Mr. Hernandez said, "We are pleased to welcome Damian to AIG at this critically important time for the Asia Pacific region. The businesses within the Asia Pacific are among the fastest growing within AIG, and we are confident that Damian, a corporate communications professional, business leader, and strategist, is the best person to lead our Asia Pacific communications team under this new structure." The Full Research Report on American International Group, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-18/AIG]

--    

ARMOUR Residential REIT, Inc. Research Report

On September 18, 2013, ARMOUR Residential REIT, Inc. (ARMOUR) announced the Company's Q4 2013 monthly cash dividend for its common stock of $0.05 per share. According to the Company, the monthly dividend rate represents an annualized yield of 14.7% based on the closing market price of the stock on September 17, 2013. The Company also declared its Q4 2013 quarterly dividends on its Series A and Series B Preferred Stock, going at c.$0.17/month per share, and at c.$0.16/month per share, respectively. The Full Research Report on ARMOUR Residential REIT, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-18/ARR]

----

EDITOR 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 fact checked and produced on a best efforts basis and reviewed by Namrata Maheshwari, a CFA charterholder. 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 [email protected].
  5. For any urgent concerns or inquiries, please contact us at [email protected].
  6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] 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 Equity News Network. An outsourced research services provider represented by Namrata Maheshwari, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network 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

Equity News Network 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

Equity News Network 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 Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network 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.

InvestorsReports.com

SOURCE Investors' Reports

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