Wells Fargo & Company (NYSE: WFC) announced that Thomas R. Nides will join the company in October as Vice Chairman, reporting to CEO Charlie Scharf and joining the company’s Operating Committee. As Vice Chairman, Tom will have a broad role…
The impact inflation continues to have on the lives of Canadians has them feeling unsettled about their day-to-day spending and saving options and their future financial security, according to the RBC 2023 Financial Flexibility Poll. Three of the harsh financial realities…
Let’s celebrate and support a world of wonder, curiosity and innovation! Enjoy a spectacular night of science at the Ontario Science Centre’s RBC Innovators Ball on Thursday, November 2, 2023. RBC’s Chief Risk Officer, Graeme Hepworth, joins as the new Chair of this longstanding…
Bank of America announced it has again increased its U.S. minimum hourly wage for employees on its stated path to $25 by 2025. The company will move to $23 in October. By 2025, its minimum hourly wage will have increased…
Bank of America announced their inventor base has grown to more than 7,000 employees around the world. These talented inventors have helped grow the bank’s patent portfolio to over 6,100 active patents and applications. Their contributions have resulted in the…
As part of a multi-year effort to transform trade finance, Bank of America is launching CashPro Supply Chain Solutions, a platform that will offer participants in a supply chain the benefits of digitization with improved process efficiency and working capital…
RBC today announced the appointment of Greg Carmichael as executive chair of the board of directors of City National Bank, effective October 2, 2023. Mr. Carmichael will provide dedicated strategic oversight and board governance to City National as it strengthens its platform for…
Wells Fargo Wealth & Investment Management announces the launch of Stock Fractions℠, giving WellsTrade® clients the ability to buy fractions of a company’s stock in the Wells Fargo Mobile® app. Stock Fractions℠ allows do-it-yourself investing clients to build a diversified portfolio, regardless…
The monthly CommBank Household Spending Insights Index rose 0.7 per cent to 137.0 in August, led by increased education spending by international university students, higher transport spending due to increased petrol prices and elevated recreation activity related to the FIFA…
Bank of America Chief Financial Officer Alastair Borthwick will participate in the BofA Securities 28th Annual Financials CEO Conference on Wednesday, September 20, 2023, at 12:15 p.m. British Summer Time in London (7:15 a.m. Eastern Time). A live webcast of…
Bank of America today announced plans to expand the monthly maintenance fee waiver criteria for SafeBalance®, an easy-to-use account that helps clients manage day-to-day finances with no overdraft fees. Beginning in November 2023, accounts that maintain a minimum daily balance of…
Bank of America has been named the largest provider of outsourced chief investment office (OCIO) services for foundations and endowments in the U.S by Pensions & Investments.1 The firm’s differentiated OCIO offering features a unique combination of portfolio management, strategic consulting and…
