Amanda Norton appointed to Royal Bank of Canada’s Board of Directors
Today, Royal Bank of Canada (TSX: RY) (NYSE: RY) announced the appointment of Amanda (Mandy) Norton to its Board of Directors, effective February 1, 2024. Ms. Norton brings over 30 years of extensive executive experience in leading independent corporate risk…
It’s never been harder to rent in Canada vacancy rates fall to 35-year low
In 2023, a sharp decline in the affordability of property ownership, coupled with a notable surge in population, continued to exert upward pressure on rental demand, leading to a record-high 8% growth in rents for 2-bedroom purpose-built units. Vacancy rates…
RBC Investor Services: Canadian DB Pension Plans Achieve 8.2% Return in Q4, Concluding Year with 9.1% Growth
RBC Investor Services (RBCIS) has announced a notable upswing in the financial performance of their Canadian Defined Benefit (DB) pension plans. In the fourth quarter of the fiscal year, these plans attained a median return of 8.2%, culminating in an…
S&P Global Appoints Christopher Craig Interim Chief Financial Officer
S&P Global (NYSE: SPGI) has announced the appointment of Christopher Craig as Interim Chief Financial Officer (CFO). This decision comes following the recent announcement of Ewout Steenbergen’s departure from S&P Global in March to pursue new career opportunities. Douglas L.…
S&P Global Introduces SFDR Sustainable Investment Framework Dataset Through Xpressfeed™ and Snowflake Platform
S&P Global Sustainable1 Unveils New Dataset to Support MiFID II and SFDR Reporting Requirements S&P Global Sustainable1 has launched a groundbreaking dataset designed to assist financial market participants in aligning their reporting with the Markets in Financial Instruments (MiFID II)…
November Sees Deceleration in Upward Trend of S&P CoreLogic Case-Shiller Index
S&P Dow Jones Indices (S&P DJI) has unveiled the latest findings for the S&P CoreLogic Case-Shiller Indices, which serve as the primary gauge of U.S. housing prices. Data from November 2023 indicates that out of the 20 major metropolitan areas…
PenSam Selects S&P Dow Jones Indices to Create a Climate-Focused Index
S&P Dow Jones Indices (“S&P DJI”), the world’s leading index provider, announced today that it has been selected by PenSam, one of Denmark’s largest labor market pension providers, to develop a bespoke climate-focused index for its exclusive use. PenSam is utilizing the…
Persistent Depressed Deal making: 2023 Sees Second Consecutive Year of Sluggish M&A and Equity Issuance in Fourth Quarte
The trend of rising interest rates that commenced in 2022 persisted throughout 2023, exerting a dampening effect on deal making activities, as highlighted in the Q4 2023 M&A and Equity Offerings Market Report recently released by S&P Global Market Intelligence.…
Monthly Sector Rotation Analysis by E*TRADE from Morgan Stanley
ETRADE, a division of Morgan Stanley, has unveiled its latest findings from the monthly sector rotation study. This analysis is based on the buying and selling behavior of ETRADE customers within the S&P 500 sectors. ETRADE, as part of Morgan…
Sustainability Survey by Morgan Stanley Reveals Strong and Growing Interest Among Individual Investors
The latest “Sustainable Signals” report from the Morgan Stanley Institute for Sustainable Investing and Morgan Stanley Wealth Management reveals that individual investors worldwide are increasingly interested in sustainable investing, with 77% expressing this interest and 54% planning to ramp up…
JPMorgan Chase Flourishing in Columbus Two Decades post Bank One Merger, Despite Earlier Concerns
Twenty years ago, the proposed merger of Bank One and JPMorgan Chase & Co. had then-Columbus Mayor Michael B. Coleman and local business leaders apprehensive about its potential impact on the 12,500 Bank One employees in the city. Coleman, however,…
Humana Reports Fourth Quarter 2023 Financial Results; Provides Initial Full Year 2024 Financial Guidance
Humana Inc. (NYSE: HUM) today reported consolidated pretax results and net earnings (loss) per share (EPS) for the quarter ended December 31, 2023 (4Q23) versus the quarter ended December 31, 2022 (4Q22) and for the year ended December 31, 2023…