Wells Fargo & Company (NYSE: WFC) today announced dividends on seven series of preferred stock. A quarterly cash dividend of $18.75 per share was declared on its 7.50% noncumulative perpetual convertible class A preferred stock, Series L, liquidation preference $1,000…
For the second year in a row, RBC (TSX: RY) (NYSE: RY) ranked in the top three for artificial intelligence (AI) maturity among 50 global financial institutions in the Evident AI Index. The Evident AI Index, first issued by AI benchmarking and intelligence…
Bank of America is introducing new digital capabilities to support consumers in their car shopping and financing journey. Bank of America clients can now get prequalified for auto financing to learn how much they may be able to borrow and estimate their…
Commonwealth Bank has reported an unaudited cash net profit after tax (NPAT) of $2.5 billion for the first quarter of its new financial year, a result that reflects the group’s focus on delivering good customer outcomes and consistent operational and…
With a grant of $750,000, the Wells Fargo Foundation will fuel the creation of the Team Rubicon TRades Academy to address the need for credentialed contractors in communities nationwide, especially after natural disasters. The veteran‑led humanitarian organization Team Rubicon continues to witness a critical…
Following the Reserve Bank of Australia’s (RBA) decision to raise the official cash rate by 0.25% per annum (p.a.), CBA will increase interest rates across a number of its savings products, and will lift its home loan variable interest rates…
Commonwealth Bank is taking steps to help reduce technology-facilitated abuse internationally by making its artificial intelligence and machine learning techniques available for free, to any bank in the world. The AI model helps to identify digital payment transactions that include…
Bank of America is seeding a second round of financing for Veteran Loan Fund, doubling a two-year-old commitment that has already funded more than 500 small businesses built by former military personnel that have created or retained more than 3,000…
As a child, Jonathon Newton would every day pass the fading sepia photo on the wall of his family home in Ballina, in northern New South Wales, without giving it a great deal of thought. While he knew that the…
Wells Fargo & Company (NYSE: WFC) announced it is working with Allspring Global Investments, a global asset management firm, to launch a Tribal Inclusion share class for the Allspring Government Money Market Fund, which will be offered exclusively to Wells…
Findings from a recent survey1 prepared for CommBank indicate that 71 per cent of Australians believe installing energy efficient features such as solar panels, double glazed windows and LED lights can help to increase property value. According to that research, the…
Every day, thousands of pedestrians pass by the grand Commonwealth Bank branch on the corner of Martin Place and Castlereagh Street, in Sydney’s CBD – but few of them are likely to know about the mechanical marvel under their feet.…
