Home advantage: RBC launches Canada’s newest savings and investing account for prospective home buyers
RBC has launched Canada’s new First Home Savings Account (FHSA), to help Canadians save tax free for their first home. The FHSA combines the best features of an RRSP and a TFSA. Like an RRSP, contributions are tax deductible. And like a…
Canadians see sustained growth ahead in the digital economy, with technology likely to drive the success of small businesses: RBC Poll
Canadians remain convinced that technology will continue to play a critical role in the future of small businesses, signaling sustained growth ahead in the digital economy. According to a recent RBC Small Business Poll, a majority of Canadians agree that…
Both uncertainty and optimism driving Canadians’ home buying decisions: RBC Poll
While cracks are beginning to show in Canadians’ confidence in the housing market and some may be changing their home buying plans, there are signs of optimism, according to the annual RBC Home Ownership Poll. Overall, Canadians are watching as…
Royal Bank of Canada announces election of directors
Royal Bank of Canada (TSX: RY) (NYSE: RY) announced today that the nominees listed in the Management Proxy Circular dated February 7, 2023, were elected as directors of Royal Bank of Canada at the Annual and Special Meeting of Common Shareholders held earlier today. The…
The RBC Climate Action Institute created to share ideas and inspire action for Canada’s net-zero journey
Royal Bank of Canada (RBC) is expanding its Economics and Thought Leadership group to create a dedicated approach to climate policy research and action across key sectors of the economy. The RBC Climate Action Institute will bring together economists, policy analysts and…
Wells Fargo ‘About Money’ podcast launches Season 4
The fourth season of the Wells Fargo “About Money” podcast, which features six episodes that offer valuable life tips to help stay on track – or get back on track – with your finances, has launched. Episode 1 and Episode 2 are currently available on…
Wells Fargo Reports First Quarter 2023 Financial Results
Wells Fargo & Company (NYSE: WFC) has released its first quarter 2023 financial results. The financial results are available online at https://www.wellsfargo.com/about/investor-relations/quarterly-earnings/ and on a Form 8-K filed by the company with the Securities and Exchange Commission (SEC) on April 14, 2023,…
Saul Van Beurden named CEO of Consumer & Small Business Banking for Wells Fargo; Mary Mack to retire; Tracy Kerrins named head of Technology
Wells Fargo & Company (NYSE: WFC) today announced that Mary Mack will retire from the company this summer and Saul Van Beurden, head of Technology at Wells Fargo, will succeed Mack as CEO of Consumer & Small Business Banking (CSBB),…
Wells Fargo to Participate in Nacha’s Smarter Faster Payments Conference
Wells Fargo announced its participation today at Nacha’s Smarter Faster Payments conference in Las Vegas from April 16-19. Nacha is the organization that governs the ACH Network, which facilitates electronic, bank-to-bank money transfers processed for consumers, businesses, and federal, state and local…
Rachel Goldin Jinich to Lead Specialty Real Estate Finance in the Corporate & Investment Bank
Wells Fargo & Company’s (NYSE: WFC) Corporate & Investment Bank (CIB), today announced that Rachel Goldin Jinich will lead Specialty Real Estate Finance (SREF) within its Commercial Real Estate (CRE) group and oversee all SREF teams, including Hospitality Finance, Seniors Housing, Manufactured Housing,…
Wells Fargo to Announce First Quarter 2023 Earnings on April 14, 2023
Wells Fargo & Company (NYSE: WFC), as previously announced, will report its first quarter 2023 earnings results on Friday, April 14, 2023, at approximately 7:00 a.m. Eastern time. The results will be available online at In addition to being available…
Wells Fargo Bank Increases Prime Rate to 8.00 Percent
Wells Fargo Bank, N.A., said today it is increasing its prime rate to 8.00 percent from 7.75 percent, effective tomorrow, March 23, 2023. About Wells Fargo Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has…