Today, Royal Bank of Canada (TSX: RY) (NYSE: RY) announced the appointment of Amanda (Mandy) Norton to its Board of Directors, effective February 1, 2024. Ms. Norton brings over 30 years of extensive executive experience in leading independent corporate risk…
Twenty years ago, the proposed merger of Bank One and JPMorgan Chase & Co. had then-Columbus Mayor Michael B. Coleman and local business leaders apprehensive about its potential impact on the 12,500 Bank One employees in the city. Coleman, however,…
Almond FinTech, a B2B technology company bridging the worlds of fiat and digital currency, is empowering financial institutions with its Settlement Optimization Engine (SOE) to minimize losses and delays in cross-border money transfers, assisting with customer retention and acquisition. Almond’s…
HDFC Bank as a part of its ongoing digital banking awareness drive, conducted a series of secure banking workshops in Delhi, Uttar Pradesh, Rajasthan, Punjab, Haryana, Himachal Pradesh, and Jammu & Kashmir. The Bank started 2024 by organizing over 900…
Royal Bank of Canada (RY on TSX and NYSE) today announced the applicable dividend rates for its Non-Viability Contingent Capital (NVCC) Non-Cumulative 5-Year Rate Reset First Preferred Shares, Series BO (the “Series BO shares”) and NVCC Non-Cumulative Floating Rate First Preferred Shares,…
Royal Bank of Canada (TSX: RY) (NYSE: RY) today announced a domestic public offering of Non-Cumulative 5-Year Fixed Rate Reset First Preferred Shares, Series BU (“Preferred Shares Series BU”). Royal Bank of Canada will issue to certain institutional investors 750 thousand Preferred Shares Series BU priced…
Royal Bank of Canada (“RY” on TSX and NYSE) (“RBC”) today announced that the targeted close date for the proposed acquisition of HSBC Bank Canada will be Thursday, March 28, 2024, subject to the satisfaction of customary closing conditions. Conversion activities will begin…
Bank of America Corporation today announced the Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares of the following series of preferred stock: Series of Preferred Stock Dividend per Share or Depositary Share 1 Record…
Bank of America reported its fourth-quarter 2023 financial results Yeserday. The news release, supplemental filing and investor presentation can be accessed at Bank of America’s Investor Relations website at Investor Conference Call information: Chief Executive Officer Brian Moynihan and Chief…
Wells Fargo & Company (NYSE: WFC) has released its fourth quarter 2023 financial results. The financial results are available online at https://www.wellsfargo.com/about/investor-relations/quarterly-earnings/ and on a Form 8-K filed by the company with the Securities and Exchange Commission (SEC) on Jan. 12, 2024,…
For National Financial Wellness Month, Wells Fargo & Company (NYSE: WFC) and The Female Quotient (The FQ) are releasing the findings from a new research study conducted by The FQ, “Our Secret Numbers: Women, Men, and the Taboo Nature of Financial…
Women-owned businesses continue to fuel the economy, representing 39.1% of all businesses – over 14 million – employing 12.2 million workers, and generating $2.7 trillion in revenue. According to the 2024 Wells Fargo Impact of Women-Owned Business Report, in partnership with…
