Charitable Giving by Affluent Households Above Pre-Pandemic Levels, Finds 2023 BofA Study of Philanthropy

Eighty-five percent of affluent households gave to charity in 2022 with the value of their average gifts rising 19% above pre-pandemic levels, according to the 2023 Bank of America Study of Philanthropy released. The study found that affluent households gave an average…

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Neara closes US$24M Series B to mitigate utilities’ climate risks and accelerate renewable energy

Neara, the first infrastructure modelling platform that uses artificial intelligence (AI) to create 3D, network-wide models for engineering-grade simulations and analytics,announced a $10M capital raise extension and a novel case study to double existing line capacity for renewable energy. The…

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Informing Solutions to Today’s Talent Landscape: Morgan Stanley Publishes Single Family Office Compensation Report

Morgan Stanley’s Single Family Office Advisory group released its third bi-annual compensation report in collaboration with Botoff Consulting, which presents survey findings along with trends impacting compensation in family offices. The findings contain responses from over 400 single family offices,…

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Investor’s Business Daily Recognizes Charles Schwab Bank as Most Trusted Bank and Charles Schwab as one of the Most Trusted Financial Services Firms in Annual Survey

Charles Schwab Bank was named the most trusted bank by Investor’s Business Daily (IBD) in its 2023 Most Trusted Financial Companies Survey, marking the first year a bank broke into the annual survey’s top 10 since its inception in 2020.…

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Mastercard partners with Rochester Institute of Technology in Dubai to foster AI talent and accelerate innovation

Partnership will empower the next wave of technology leaders to build trust in the digital ecosystem With AI playing an increasingly transformational role across our lives, Mastercard and the Rochester Institute of Technology (RIT) in Dubai have signed a Memorandum…

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Chubb Limited to Hold its Third Quarter Earnings Conference Call on Wednesday, October 25, 2023

 Chubb Limited (NYSE: CB) will hold its third quarter earnings conference call on Wednesday, October 25, 2023, at 8:30 a.m. Eastern. The company expects to issue its third quarter earnings release and financial supplement after the market closes on Tuesday, October 24, 2023. These…

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Michael Guo Xiaotao appointed Co-CEO of Ping An Group, Jessica Tan resigns and continues to serve as company director

Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An” or the “Group”, HKEx:2318; SSE:601318) announces that after careful discussion and consideration, the Board of Directors has unanimously agreed to appoint Michael Guo Xiaotao as the Company’s Co-CEO. The…

Read MoreMichael Guo Xiaotao appointed Co-CEO of Ping An Group, Jessica Tan resigns and continues to serve as company director