LONDON, April 29, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Bank of America Corp. (NYSE: BAC), JPMorgan Chase & Co. (NYSE: JPM), Citigroup Inc. (NYSE: C), Wells Fargo & Co. (NYSE: WFC) and American International Group Inc. (NYSE: AIG). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/1756-100free.
Bank of America Corp. Analyst Notes
On April 24, 2014, Bank of America Corp. (Bank of America) announced that Terry Laughlin, Chief Risk Officer, is moving to a new role as President, Strategic Initiatives. The Company also informed that Geoffrey Greener, Enterprise Capital Management executive, will take over as Chief Risk Officer to become a part of the senior management team. According to the Company, Laughlin will continue to report to Brian Moynihan, CEO, and will remain a member of the Company's senior management team. In his new role, Laughlin will be responsible for Corporate Strategy and Enterprise Client Coverage, the Company's program to serve customers and clients with integrated business capabilities in each market and community. Brian Moynihan, CEO, Bank of America, said, "These changes mark the next phase of work to simplify our company, manage risk, and improve our efficiency and operational excellence." The full analyst notes on Bank of America are available to download free of charge at:
JPMorgan Chase & Co. Analyst Notes
On April 23, 2014, JPMorgan Chase & Co. (JPMorgan) released the results of a survey titled ?2014 Chase Business Leaders Outlook,' as conducted by Chase - the U.S. consumer and commercial banking business of JP Morgan. According to the survey, 80% of the middle market companies and 73% of small businesses have a positive outlook for the next 12 months - a slight increase from the last year. Of the 3,500 business leaders surveyed, 73% of middle market companies and 67% of small businesses expect to increase sales this year, with more than half of the respondents forecasting higher profits as well. Among other things, the survey also revealed that 70% of the mid-sized companies anticipate a need for financing in 2014, primarily for capital equipment, working capital and acquisitions, while 61% of small businesses are considering financing this year, primarily for working capital, capital equipment and technology investments. The full analyst notes on JPMorgan are available to download free of charge at:
Citigroup Inc. Analyst Notes
On April 23, 2014, Citigroup Inc. (Citigroup) announced that its Board of Directors has declared a quarterly dividend of $0.01 per share on the Company's common stock. The dividend will be payable on May 23, 2014 to stockholders of record on May 5, 2014. The full analyst notes on Citigroup are available to download free of charge at:
Wells Fargo & Co. Analyst Notes
On April 23, 2014, Wells Fargo & Co. (Wells Fargo) announced that it has named Jonathan G. Weiss as the new head of Wells Fargo Securities, effective May 15, 2014. According to the Company, Weiss, who most recently served as co-head of Investment Banking & Capital Markets at Wells Fargo Securities, will succeed John Shrewsberry who has been named as the Company's next CFO. In his new role, Weiss will report to Tim Sloan, who was recently named to be the new leader of Wholesale Banking at Wells Fargo. Tim Sloan, commented, "Jon has 34 years of experience across several financial services sectors, including investment banking, advisory, leveraged finance, loan syndications and international. In his new role, he will continue to lead our securities business on a path of disciplined, profitable growth in support of Wells Fargo's valued corporate, middle market and institutional clients." The full analyst notes on Wells Fargo are available to download free of charge at:
American International Group Inc. Analyst Notes
On April 24, 2014, American International Group Inc. (AIG) announced that American General Life Insurance Company (AGL) has entered into a partnership with Market Synergy Group to offer enhanced index annuity solutions. These index annuities, developed exclusively for Market Synergy Group and issued by AGL, provide individuals with a powerful blend of principal protection and growth potential, plus the opportunity for guaranteed rising income. According to the Company, the new Power Select Plus Income? Index Annuity can provide lifetime income that is guaranteed to rise for up to 10 contract years, even after withdrawals begin. Rob Scheinerman, Executive Vice President, Individual and Group Retirement, AIG Life and Retirement, said, "Lance Sparks and his team at Market Synergy Group bring tremendous marketing resources and expertise to the table, and I'm confident that through this partnership, we will reach many of the best independent producers in the country." The full analyst notes on AIG are available to download free of charge at:
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