Financial Companies Launch New Solutions, Announce New Appointments, and Declare Dividends - Research Report on Bank of America, MetLife, Goldman Sachs, AIG, and ARMOUR
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Sep 23, 2013, 08:00 ET
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]
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