Barry Perry to be appointed to Royal Bank of Canada’s Board of Directors
Royal Bank of Canada (TSX: RY) (NYSE: RY) announced today that Barry Perry will be appointed to its Board of Directors, effective August 1, 2023. Mr. Perry will join the Audit and Human Resources Committees. Mr. Perry is an accomplished executive with significant experience in…
The Schwab High Yield Bond ETF (SCYB) Begins Trading
Today, the Schwab High Yield Bond ETF (NYSE Arca: SCYB) begins trading. The fund, from Schwab Asset Management , the asset management arm of The Charles Schwab Corporation, has an expense ratio of 0.10%, which is priced in line with…
Schwab Introduces Differentiated Experiences to Support High Net Worth Investors
Charles Schwab & Co., Inc., today announced the introduction of new branded and differentiated client experiences for High Net Worth (HNW) and Ultra-High Net Worth (UHNW) clients. Effective today, retail clients with more than $1 million in assets at Schwab…
Cigna Healthcare Adds New Biosimilars to Formularies to Expand Access, Advance Affordability
Cigna Pharmacy Management, which supports Cigna Healthcare’s plans with integrated medical and pharmacy benefits, is adding four biosimilars to HUMIRA as preferred products on its formularies. Cigna Healthcare has long advocated for the approval and adoption of biosimilars. The addition…
Allianz completes sale transaction of Lebanon operations to Global Gate Capital
The transaction is part of an effort by Allianz to streamline its operations. Downloads PRESS RELEASE Related information INVESTOR RELATIONS The Allianz Group, one of the world’s leading insurers and asset managers, announced today that it had completed a transaction…
Bank of America to Report Second-Quarter 2023 Financial Results on July 18
As previously announced, Bank of America will report its second-quarter 2023 financial results on Tuesday, July 18. The results will be released at approximately 6:45 a.m. ET, followed by an investor presentation at 8:30 a.m. ET. The news release, supplemental filing and…
Award-winning podcast returns to ask: Would you notice the red flags of an abusive relationship?
Interweaving real-life stories from victim-survivors with the testimony of experts, There’s No Place Like Home is a call to action for listeners: Would you notice the red flags in your, or a loved one’s, relationship? In the new series, launching today, audiences…
CommBank HSI Index drops 1.7% in June, as discretionary spending weakens further
The CommBank Household Spending Intentions (HSI) Index fell 1.7 per cent in June, as consumer activity continued to weaken across a range of categories led by declines in home buying, health & fitness, entertainment and travel. Home buying spending intentions declined 26.2…
CBA invests in global climate specialist Wollemi Capital
Commonwealth Bank of Australia has made an equity investment in Wollemi Capital, as part of the global climate specialist investment firm’s Series A capital raising. Headquartered in Sydney and with staff and investments across Australia and the US, Wollemi invests…
IMPACTS OF NEARSHORING ON DEMAND FOR MEXICAN LOGISTICS REAL ESTATE
INTRODUCTION In an increasingly volatile world, global companies are making decisions and investments to build resilience and flexibility. One key strategy is moving production closer to end consumers—nearshoring production—and in Northern America, we see Mexico benefiting significantly. This Prologis Research…
Lazeo Welcomes Significant Investment from Blackstone
Lazeo, the number one provider of aesthetic medicine services in France, today announced that funds managed by Blackstone Tactical Opportunities (“Blackstone”), have agreed to make a significant investment in the Company. Financial terms of the transaction were not disclosed. Headquartered…
Ping An Named “Most Honored Company” for the Tenth Time and Received Seven Awards from Institutional Investor
Ping An Insurance (Group) Company of China, Ltd. (“Ping An” or the “Group”, HKEx:2318; SSE:601318) announced that Ping An was named a “Most Honored Company” in Institutional Investor’s 2023 Asia (ex-Japan) Executive Team survey among 1,600 companies. This is the…