Mastercard debuts LUMA, a new gastronomic venture in the heart of Hong Kong’s iconic landmark, 1881 Heritage
Hong Kong’s economic revival is in full swing, with residents keeping their social calendars busy—and the city welcoming back global visitors. Against this backdrop, Mastercard and distinguished local F&B group LUBUDS, today announced the launch of LUMA, a new restaurant occupying…
Mastercard launches subscriptions control solution
From dinner kits and treat boxes for Fido, to streaming and gaming services, today’s consumers have more subscriptions than ever before. In the U.S. alone, consumers have an average of 12 media and entertainment subscriptions, with millennials averaging 17. The subscription economy is…
Charles Schwab Discloses Results of the Federal Reserve’s 2023 Comprehensive Capital Analysis and Review
The Charles Schwab Corporation (CSC or Schwab) announced today that it has received the results of the Federal Reserve’s 2023 Comprehensive Capital Analysis and Review (CCAR). These results included the Federal Reserve’s estimate of Schwab’s minimum capital ratios under the…
Schwab Announces Its Summer Business Update
The Charles Schwab Corporation announced today that it has scheduled a Summer Business Update for institutional investors on Tuesday, July 18th. This Update, which will be held via live public webcast, is part of an ongoing series designed to help…
Ping An Bank Chief Information Officer: Technology Supports Sustainability of Finance
Tang Jiacai, Chief Information Officer of Ping An Bank, a subsidiary of Ping An Insurance (Group) Company of China, Ltd. (“Ping An” or the “Group”, HKEx:2318; SSE:601318), attended the Asia New Vision Forum hosted by Caixin Global, and conducted a…
Ping An Bank Grants First Loan to Pioneering CCUS Project amounted RMB 180 million in China’s Steel Industry Supporting Technological Transformation for Carbon Neutrality
Ping An Bank, a subsidiary of Ping An Insurance (Group) Company of China, Ltd. (“Ping An” or the “Group”, HKEx:2318; SSE:601318), has disbursed the first installment of a loan to Baotou Iron and Steel Group Co., Ltd. under a RMB180…
Elevance Health to Hold Conference Call and Webcast to Discuss Second Quarter Results on July 19, 2023
Elevance Health (NYSE: ELV) will release second quarter 2023 financial results on July 19, 2023, at 6:00 a.m. Eastern Daylight Time (“EDT”). Management will review these results and its outlook during a conference call at 8:30 a.m. EDT that same morning. The…
Addressing climate risk: collaborative response essential for fulfilling individual fiduciary responsibilities
In a recently published op-ed for the United Nations Environment Programme Finance Initiative (UNEP FI) convened Net-Zero Asset Owner Alliance (NZAOA), Allianz Board Member and NZAOA Chair Günther Thallinger explained asset owners’ work when it comes to protecting the best interests of their stakeholders.…
Chubb Limited to Hold its Second Quarter Earnings Conference Call on Wednesday, July 26, 2023
The company expects to issue its second quarter earnings release and financial supplement after the market closes on Tuesday, July 25, 2023. These documents will be available on the company’s investor website at investors.chubb.com. The earnings conference call will be available via…
CenterWell Home Health regions recognized by American Diabetes Association for delivery of diabetes self-management education and support
Two of CenterWell Home Health’s four regions have been recognized by the American Diabetes Association (ADA) for delivering the best in self-management education and support for people with diabetes. With services offered in 38 states, CenterWell is the largest home…
Wells Fargo Issues Statement Regarding the Federal Reserve’s Stress Test Results
Wells Fargo & Company (NYSE: WFC) today announced that it has completed the 2023 Comprehensive Capital Analysis and Review (CCAR) stress test process. The Company expects its stress capital buffer (SCB) to decrease to 2.9%, which represents a percentage amount…
Prologis to Acquire 14MSF Blackstone Industrial Portfolio in $3.1 Billion Deal
Prologis, Inc. (NYSE: PLD) and Blackstone (NYSE: BX) today announced a definitive agreement for Prologis to acquire nearly 14 million square feet of industrial properties from opportunistic real estate funds affiliated with Blackstone for $3.1 billion, funded by cash. The…