Small business owners nationwide continue to be bullish on their own business outlook, as 67% anticipate revenue growth over the next 12 months, despite the ongoing impacts of inflation and high operating costs, according to Bank of America’s 2023 Women &…
Wells Fargo Foundation today announced nearly $11 million in grants to 28 organizations across six states as part of its Invest Native program. Invest Native is a $20 million philanthropic initiative by Wells Fargo to strengthen housing access and affordability, small business growth and sustainability in Native communities. Launched…
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…
New data from the Commonwealth Bank shows continued momentum for Australian small businesses, with more than 10,000 merchants signing onto CBA’s portable payments solution, Smart Mini in the first six months since launch. There are more than 15,000 Smart Minis now in the…
Royal Bank of Canada (TSX: RY) (NYSE: RY) commented on recent intercompany sales of certain debt securities by its City National Bank subsidiary (“City National”). These sales were part of the management of City National’s securities portfolios. This transaction will result in…
Wells Fargo & Company (NYSE: WFC) announced that it has sold to a group of leading investors approximately $2 billion of private equity investments in certain Norwest Equity Partners (NEP) and Norwest Mezzanine Partners (NMP) funds. Wells Fargo was previously…
Wells Fargo & Company (NYSE: WFC) enhanced its Fargo™ virtual assistant with a Spanish-language capability, improving access to a large portion of its customer base. The new feature enables Spanish-speaking customers to take advantage of the solution that is already providing a…
Bank of America is announcing that Tyrone Noel has been named president of Bank of America Hampton Roads. As president, Noel will be head of the market and responsible for connecting clients, teammates and communities to the full power of…
The Bank of America Chicago Marathon continues to generate significant impact for the city of Chicago, with the 2022 race contributing a record-breaking $386 million (PDF) to the city’s economy, a 25 percent increase from 2021, according to an independent economic impact…
J.P. Morgan announced hat it has been designated by the United States Treasury Department under a financial agency agreement to provide account validation services for federal government agencies. The program was awarded to J.P. Morgan after a competitive selection process and will…
Kit, the kids’ money app built by Commonwealth Bank, has today announced its move into gamified learning, helping young people build financial capability through bite-sized education and experiences. Available today, Kit Money Quests invites kids to venture into a vibrant…
Chair of the Commonwealth Bank of Australia (CBA), Mr Paul O’Malley, today announced that Genevieve Bell AO has decided to retire from the Board effective 31 October 2023 following the announcement today of her appointment as the Vice-Chancellor and President…
