Category Banking

CACEIS and Royal Bank of Canada complete acquisition of RBC Investor Services’ operations in Europe and Malaysia

 CACEIS, subsidiary of the Crédit Agricole group and Santander, and Royal Bank of Canada (RBC) announced completion of the sale by RBC and purchase by CACEIS of the European asset servicing activities of RBC Investor Services and its associated Malaysian centre of…

Read MoreCACEIS and Royal Bank of Canada complete acquisition of RBC Investor Services’ operations in Europe and Malaysia

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