Bank of America Received Fifteen Awards for Excellence from Euromoney Magazine
Recognizing Bank of America’s ability to adapt to challenging market conditions and ever-changing client needs, Euromoney Magazine has named Bank of America World’s Best Bank for Digital, Diversity and Inclusion, Financing and Markets, in addition to eleven regional and country…
BofA’s Erica Surpasses 1.5 Billion Client Interactions, Totaling More Than 10 Million Hours of Conversations
Erica, the most advanced and first widely available virtual financial assistant, has surpassed 1.5 billion interactions with Bank of America clients. Since launching in June 2018, more than 37 million clients have engaged Erica to help manage their financial needs.…
RBC Royal Bank increases prime rate
RBC Royal Bank is increasing its prime rate by 25 basis points to 7.20 per cent from 6.95 per cent, effective July 13, 2023. About RBC Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes…
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…