Conference Updates, Facility Upgradation, Stock Repurchase Program, New Initiatives, and Upcoming Annual Meetings - Analyst Notes on Bank of America, JPMorgan, Citi, Wells Fargo and AIG
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NEW YORK, May 7, 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/2134-100free.
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Bank of America Corp. Analyst Notes
On May 1, 2014, Bank of America Merrill Lynch, the marketing name for the global banking and global markets businesses of Bank of America Corp. (Bank of America) announced that it hosted Trade Risk Distribution Investor Forum (Forum) in Singapore on April 25, 2014. The Company informed that the Forum was attended by 50 executive delegates representing 30 regional and global banks that discussed and debated over the topic of evolving dynamics in trade risk distribution and analyzed the innovative new structures and emerging investor segments that will nurture developments in this area. According to Bank of America, the core trade distribution function is gaining importance as the banks are looking to increase the distribution of trade assets to global investors as regulatory reform focusing on leverage and liquidity ratios forces lenders to optimize balance sheet management and strategy. The full analyst notes on Bank of America are available to download free of charge at:
http://www.analystsreview.com/2134-BAC-07May2014.pdf
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JPMorgan Chase & Co. Analyst Notes
On May 1, 2014, JPMorgan Chase & Co. (JPMorgan) announced that the Company will invest $48 million to upgrade its Bournemouth Technology & Operations Centre (Bournemouth Centre), in Europe that employs more than 4,000 people. According to the Company, this investment will help in the development of infrastructure at the Bournemouth Centre making it a more vibrant and collaborative workspace. Further, post the investment, the employees will have access to a state-of-the-art communications apparatus and office equipment that will enable swift interactions with colleagues working in Europe, the U.S. and Asia. In addition, JPMorgan will also be upgrading the building's onsite restaurant and common spaces, while facilities for employees who cycle to work will also be upgraded. The Company plans to complete the infrastructure projects in the next three years. The full analyst notes on JPMorgan are available to download free of charge at:
http://www.analystsreview.com/2134-JPM-07May2014.pdf
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Citigroup Inc. Analyst Notes
On April 23, 2014, Citigroup Inc. (Citi) announced that the Company's Board of Directors has approved a $1.165 billion common stock repurchase program through Q1 2015. The Company informed that this repurchase program is in accordance with the 2014 Comprehensive Capital Analysis and Review and is intended to offset estimated dilution created by Citi's annual incentive compensation grants. The full analyst notes on Citi are available to download free of charge at:
http://www.analystsreview.com/2134-C-07May2014.pdf
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Wells Fargo & Co. Analyst Notes
On May 1, 2014, Wells Fargo & Co. (Wells Fargo) announced the launch of Wells Fargo Works for Small Business, an initiative that aims to deliver resources, guidance and services to help more small businesses achieve success. The Company informed that through this new initiative it will extend $100 billion in new lending to small businesses by 2018. Further, the Wells Fargo Works for Small Business will help small business owners throughout the U.S. by helping them in gaining knowledge, secure funds and expand their community of support. Jamie Moldafsky, Wells Fargo Chief Marketing Officer, said, "Wells Fargo Works for Small Business is our commitment to help small businesses in more ways than ever before. It encompasses the products, services and resources needed for small business owners to take the next step to reach their business goals." The full analyst notes on Wells Fargo are available to download free of charge at:
http://www.analystsreview.com/2134-WFC-07May2014.pdf
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American International Group Inc. Analyst Notes
On May 1, 2014, American International Group Inc. (AIG) announced that the Company will hold its 2014 Annual Meeting of Shareholders on May 12, 2014 at 9:00 a.m. EDT. A live webcast of the event will be available on the Company's website. The full analyst notes on AIG are available to download free of charge at:
http://www.analystsreview.com/2134-AIG-07May2014.pdf
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