Allianz Commercial appoints leadership for regional units Central & Eastern Europe and Southern Europe
As the implementation of Allianz’s ‘ Integrated Commercial’ strategy to better serve the full Commercial insurance segment advances and a new regional set-up has been announced, Allianz Commercial confirmed today the regional leadership for two further regions: Stefanie Thiem will lead the region Central…
Elevance Health Subsidiary Amerigroup to be Renamed Wellpoint in January 2024
Amerigroup, a subsidiary of Elevance Health serving Medicaid and Medicare enrollees, will begin rebranding as Wellpoint in January 2024, to reflect the company’s evolution to support whole health. “This rebranding is a continuation of our bold and ambitious purpose to improve the…
Schwab Study: Workers Continue to Prioritize 401(K) Saving Amid Anxiety About Inflation and Market Volatility
Inflation and market volatility are impacting workers’ ability to save for retirement to a greater extent than last year, according to a new survey from Charles Schwab. The annual nationwide survey of 401(k) plan participants finds that 62% of workers…
Schwab Launches Three New Wasmer Schroeder™ Bond Ladder Strategies as Appetite for Fixed Income Continues to Grow
Schwab Asset Management™, the asset management arm of The Charles Schwab Corporation, today announced the launch of three short-duration U.S. Treasury bond ladder strategies managed by its Wasmer Schroeder™ Strategies team. The new bond ladders, which invest in short-duration U.S.…
Improving experiences for CommBank’s customers and its people with AI
“While we’re all hearing a lot more about AI these days, CBA has been doing it for a while,” said Commonwealth Bank’s Chief Data & Analytics Officer Dr Andrew McMullan, when he was recently invited to be a guest on The…
RBC to announce third quarter results on August 24, 2023
Royal Bank of Canada (TSX: RY) (NYSE: RY) will release its third quarter results for 2023 on August 24, which will be made available at rbc.com Financial results are expected to be released at approximately 6:00 a.m. Eastern Daylight Time (EDT). The conference call is scheduled for 8:00…
Wells Fargo Aims to Provide up to $60 Million to Concordance Anti-Recidivism Program
Wells Fargo Bank, N.A. is supporting a national expansion of Concordance, a nonprofit with a proven record of reducing repeat criminal offenses from individuals returning to the community. The company plans to donate up to $60 million to help focus on advancing…
We’re Open! RBC expands Avion Rewards access to all Canadians
Avion Rewards and its first-in-Canada exclusive shopping companion, Avion Rewards ShopPlus (ShopPlus), are now open to all Canadians regardless of where they bank or shop. This brings unparalleled savings and flexibility to everyone and is a fundamental shift in how the rewards program delivers benefits to…
Canadian DB pension plans navigated Q2 2023 with steady returns, reveals RBC Investor Services analysis
RBC Investor Services (RBCIS) has unveiled its comprehensive analysis of the performance of Canadian DB pension plans within the All Plan Universe for the second quarter of 2023. According to the study, the plans demonstrated a modestly positive quarterly return…
CommBank’s new Green Buildings Tool to help commercial building owners advance sustainability efforts
Commonwealth Bank and Netherlands-based company CFP Green Buildings have worked together to help commercial property customers identify and implement meaningful, strategic actions to improve the environmental outcomes of their building operations through a new Green Buildings Tool. In an Australian…
Australian homeowners want simpler and faster refinancing
Commonwealth Bank has today announced an optimised digital functionality to make it easier and quicker for customers to refinance their home loan online. The new digital refinance application is available as CommBank research reveals that one in three Australian homeowners…
CommSec launches new international share trading platform
CommSec is making it easier for more Australians to start their investing journey with the launch of a range of new features, including a new online international share trading platform offering a fast account set-up experience, easy access to 13…