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News For MET;BLK;FCY;FNM;FRE;MTG;BAC;JPM;MS;BBT;AEG From The Last 14 Days Check below for free stories on MET;BLK;FCY;FNM;FRE;MTG;BAC;JPM;MS;BBT;AEG the last two weeks. |
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| June 19, 2013 |
| 15:05 EDT |  | MS, BAC, JPM | Bernanke says largest banks at or near compliant to Basel III rules
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| 05:31 EDT | | AEG | Aegon to provide update on strategic transformation, progress toward 2015 target
During the company's Analyst & Investor Conference, CEO Alex Wynaendts will detail the actions underway across Aegon's businesses to deliver on its strategic transformation. Central to Aegon's strategy is connecting better and more frequently with customers to serve their broader financial needs. Wynaendts and senior management from the United Kingdom, the Netherlands and the U.S., as well as the Central & Eastern European region and Aegon's asset management unit, will outline plans to drive business growth in its chosen markets, ensure a customer-centric approach and create greater operational efficiency across the organization. CFO Darryl Button will outline the company's disciplined capital management policy aimed at reducing financial leverage, supporting the continued payment of attractive dividends to shareholders, and making possible strategic initiatives. Button will announce Aegon's intention to neutralize the dilutive effect of stock dividends going forward by repurchasing Aegon shares on the open market. Management will also update analysts and investors on the company's progress toward its 2015 financial targets. Aegon is on track to achieve its target to double the proportion of earnings generated from fee-based business to 30%-35%, as well as its aim to achieve operational free cash flows of between EUR 1.3B-EUR 1.6B by 2015. In light of the historically low interest rate environment, Aegon is currently on a trajectory to deliver an increase in underlying earnings before tax of between 4%-7% over the period 2010-2015 and 7%-10% from 2012 to 2015. With regard to its return on equity target, Aegon is currently on a path to achieve a return on equity of between 8%-10%, assuming current reinvestment yields until 2015, and taking into account the recent preferred share transaction and further capital deleveraging. Management, however, affirms its ambition to achieve a return on equity of 10%-12% and recognizes that additional actions are required to do so. |
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| June 18, 2013 |
| 08:45 EDT |  | AEG | AEGON to host analyst and investor meeting
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| 07:29 EDT | | BAC | Securities Industry and Financial Markets Association to host a conference
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| June 17, 2013 |
| 12:57 EDT | | BLK | BlackRock to host investor day
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| 10:22 EDT | | BAC | Bank of America reports May card write-offs 4.03% vs. 4.55% last month
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| 09:36 EDT | | JPM | JPMorgan reports May net credit losses 3.34% vs. 3.49% last month
Reports May delinquency rate 1.60% vs. 1.70% last month. |
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| 08:09 EDT | | JPM | JPMorgan confirms launch of asset tracking service
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| 07:50 EDT |  | JPM, MS | Move to relaunch synthetic CDOs falls apart, FT reports
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| 07:42 EDT | | JPM | JPMorgan to begin asset tracking service, FT reports
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| 07:13 EDT | | BAC, JPM | Bank profits seen hurt by rising rates with no growth, Bloomberg reports
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| 06:14 EDT | | JPM, BAC | On the Fly: Periodicals Wrap-Up
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| June 16, 2013 |
| 11:36 EDT | | BBT | BB&T looks ready to regain favor with investors, Barron's says
Shares BB&T of could return over 30% in the next two years as the bank recovers from its capital plan rejection by the Federal Reserve, Barron's contends in a feature article. BB&T should benefit significantly as bank profitability improves, the paper adds. Reference Link |
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| June 14, 2013 |
| 15:36 EDT |  | BLK | BlackRock volatility elevated into investor day
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| 11:16 EDT | | BLK | BlackRock stock-fund leader taking medical leave, WSJ reports
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| 09:05 EDT | | JPM | JPMorgan says One Equity Partners to raise future funds independently
JPMorgan Chase announced that the partners of One Equity Partners, the firm’s private equity unit, will begin to raise their next fund from an external group of limited partners and become independent from JPMorgan Chase. One Equity Partners currently manages approximately $4.5B of investments for JPMorgan Chase in direct private equity transactions and has produced strong returns over the last twelve years. OEP will continue to make direct investments for JPMorgan Chase for an interim period. OEP will still manage the existing group of portfolio companies for JPMorgan Chase to maximize value for the firm. |
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| 09:05 EDT | | JPM | JPMorgan says One Equity Partners to become independent
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| 07:21 EDT | | MS | Clinton Global Initiative to host to host a meeting
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| 05:56 EDT | | BLK | BlackRock's stock funds fall behind many U.S. competitors, WSJ reports
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| June 13, 2013 |
| 16:00 EDT | | BAC | Options Update; June 13, 2013
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