Category Banking

New places available with CBA through the Australian Government’s Home Guarantee Scheme

More Australians will have the opportunity to purchase their home with Commonwealth Bank after thousands of new Scheme places were released via the Australian Government’s Home Guarantee Scheme. From today, new Scheme places will be available under the Australian Government’s…

Read MoreNew places available with CBA through the Australian Government’s Home Guarantee Scheme

CenterWell Home Health regions recognized by American Diabetes Association for delivery of diabetes self-management education and support

Two of CenterWell Home Health’s four regions have been recognized by the American Diabetes Association (ADA) for delivering the best in self-management education and support for people with diabetes. With services offered in 38 states, CenterWell is the largest home…

Read MoreCenterWell Home Health regions recognized by American Diabetes Association for delivery of diabetes self-management education and support

BofA Data Finds Men’s Average 401(k) Account Balance Exceeds Women’s by 50%

Bank of America released its 2023 Financial Life Benefits® Impact Report (PDF), revealing that the average 401(k) account balance among men is 50% greater than women’s overall ($89,000 vs. $59,000). However, this gender imbalance is closing among younger generations. Baby Boomer…

Read MoreBofA Data Finds Men’s Average 401(k) Account Balance Exceeds Women’s by 50%

Outstanding Bank of America USD LIBOR CMS Instruments Expected to be Calculated Pursuant to Fallback Provisions After June 30, 2023

Bank of America Corporation (“BAC”) (NYSE: BAC) and BofA Finance LLC (“BofA Finance”) have issued and outstanding certain debt securities and certificates of deposit, listed by CUSIP No. in the Annexes to this press release (the “USD LIBOR CMS Instruments”), that use the USD…

Read MoreOutstanding Bank of America USD LIBOR CMS Instruments Expected to be Calculated Pursuant to Fallback Provisions After June 30, 2023

Innovative Ways of Attracting and Serving Clients Draw Accolades for Merrill Wealth Management and Bank of America Private Bank

Bank of America Corp. today announced that its wealth management businesses, including Merrill Wealth Management and Bank of America Private Bank, have been recognized by multiple industry organizations for leadership in digital innovation and/or private banking. These recent awards spotlight…

Read MoreInnovative Ways of Attracting and Serving Clients Draw Accolades for Merrill Wealth Management and Bank of America Private Bank

RBC Foundation launches new scholarship aimed at supporting Canadians in returning to education to upskill in the green sector

RBC launched the new Green Skills Scholarship through the RBC Foundation. This scholarship aims to support adults interested in enhancing their skillset to take on opportunities in the growing green economy sector and help address pressing environmental challenges. According to…

Read MoreRBC Foundation launches new scholarship aimed at supporting Canadians in returning to education to upskill in the green sector

RBC Charity Day for the Kids donates US$5 million to over 60 youth-focused charities around the globe

RBC Capital Markets hosted its annual RBC Charity Day for the Kids event yesterday, uniting over 6,400 employees in 24 cities around the globe in celebration of its culture of philanthropy and giving back. More than 60 youth-focused charities joined…

Read MoreRBC Charity Day for the Kids donates US$5 million to over 60 youth-focused charities around the globe