Schedules, Appointments, Financial Results, and Corporate Announcements by Financial Companies - Research Report on Bank of America, Goldman Sachs, American Express, AIG, and Discover

NEW YORK, October 31, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting Bank of America Corporation (NYSE: BAC), The Goldman Sachs Group, Inc. (NYSE: GS), American Express Company (NYSE: AXP), American International Group, Inc. (NYSE: AIG), and Discover Financial Services (NYSE: DFS). 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 October 28, 2013, Bank of America Corporation (Bank of America) reported that Bank of America Merrill Lynch has successfully onboarded its first pilot client into production of a new file-based electronic bank account management (eBAM) system. According to the Company, the automation enables clients to use eBAM as the primary way to deliver requests to their banks to open and close accounts, pull account details and update signers. Commenting on the release, Cindy Murray, Head of Global Treasury Product Platforms and eChannels stated, "Providing timely account details directly to our clients using an automated query response method such as eBAM will significantly improve our client experience. We have always been a supporter of multi-bank industry standards solutions. Our membership and leadership in the Common Global Implementation (CGI) eBAM workgroup and the Global Rapid eBAM Adoption Team (GReAT) enabled the cross-bank and vendor collaboration necessary to complete the harmonization required for this implementation." 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.analystscorner.com/r/full_research_report/fb34_BAC]

--

The Goldman Sachs Group, Inc. Research Report

On October 22, 2013, The Goldman Sachs Group, Inc. (Goldman Sachs) announced the sale of a majority stake in its UK pensions insurance business Rothesay Life. According to the Company, funds managed by Blackstone and GIC each acquire 28.5% of the shares, along with Massachusetts Mutual Life Insurance Company which will acquire 7% holding. The Company further stated that it will retain 36% of the stake and the transaction is subject to regular approval. Commenting on the release, Michael Sherwood Vice Chairman of the Company stated, "Rothesay Life's success has now brought it to a size at which it is more capital-efficient for Goldman Sachs to share its ownership with other investors. As a market leader in a dynamic industry, Rothesay Life can continue its growth as a standalone business with the benefit of diversified ownership. We are pleased to remain the largest shareholder alongside three world class investors." 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.analystscorner.com/r/full_research_report/6777_GS]

--

American Express Company Research Report

On October 28, 2013, American Express Company (American Express) announced that the Company's President, Enterprise Growth, Dan Schulman, will participate in the Citi 2013 Financial Technology Conference in Boston on November 7, 2013, at 1:15 p.m. ET. According to the Company, Mr. Schulman will also participate in a question and answer session related to Enterprise Growth business and digital payments strategy of American Express. Additionally, American Express informed that a live audio webcast will be made available to the public through the Company's Investor Relations website along with an audio replay of the presentation which will be made available after the event. The Full Research Report on American Express Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/13d0_AXP]

--

American International Group, Inc. Research Report

On October 25, 2013, American International Group, Inc. (AIG) announced the appointment of Seraina Maag as the new President and CEO of its Europe, Middle East, and Africa (EMEA) region, effective November 11, 2013. According to the Company, Ms. Maag will oversee the insurance businesses in the 47 countries that come under AIG's EMEA region, and will report directly to Peter D. Hancock, CEO of AIG Property Casualty. Commenting on the appointment, Mr. Hancock stated, "We have made great strides over the past several years, and Seraina's appointment marks a wonderful addition to our team as we continue to concentrate on refocusing our business, improving our risk selection, and delivering outstanding service to our brokers and customers around the world." 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.analystscorner.com/r/full_research_report/9065_AIG]

--

Discover Financial Services Research Report

On October 21, 2013, Discover Financial Services (Discover) released its Q3 2013 financial results. The Company's reported net income allocated to common stockholders was $579 million or $1.20 per diluted share in Q3 2013, compared to $631 million or $1.24 per diluted share in Q3 2012. Commenting on the results, David Nelms, Chairman and CEO of Discover stated, "Discover's card loan growth continues to exceed industry growth while charge-offs achieved new record lows. During the quarter we launched Discover Home Equity Loans as we continue to expand our direct banking product suite to more broadly serve consumer needs." The Full Research Report on Discover Financial Services - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/6cb3_DFS]

----

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 Ananya Ghosh, 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 Ananya Ghosh, 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.

AnalystsCorner.com

SOURCE Analysts' Corner