Category Banking

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…

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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…

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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

Wells Fargo Investment Institute 2023 Midyear Outlook: Navigating end-of-cycle turbulence

 Wells Fargo Investment Institute (WFII) has released its “2023 Midyear Outlook: Navigating end-of-cycle turbulence.” The report discusses WFII’s guidance to remain defensive in portfolio positioning, as the current economic slowdown is likely to evolve into a moderate recession during the…

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Avion Rewards wins two prestigious 2023 International Loyalty Awards

Royal Bank of Canada (RBC) is proud to announce that Avion Rewards, the largest proprietary loyalty program in Canada, has been recognized with two 2023 International Loyalty Awards, including “International Loyalty Program of the Year (Global Regional Winner – Americas)” and “Best Loyalty/Benefits in a…

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BofA Surpasses $500 Million in Equity Investments to Support Minority and Women Entrepreneurs

Bank of America today announced that it has committed more than $500 million in equity investments to minority- and women-led funds, more than doubling its initial $200 million commitment.   The bank has committed equity to more than 150 funds, which to…

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The NFL Secures $78 Million in Loans from Minority Banks, Strengthening Support for Diverse Business Owners

The NFL today announced it is borrowing $78 million from 16 Minority Depository Institutions (MDIs), Community Development Financial Institutions (CDFIs) and minority- and women-focused banks to support and expand business opportunities with diverse enterprises across the country. The League worked with Bank…

Read MoreThe NFL Secures $78 Million in Loans from Minority Banks, Strengthening Support for Diverse Business Owners

J.P. Morgan Launches Sustainable Investment Data Solutions for Institutional Investors

J.P. Morgan Securities Services announced today the launch of its Sustainable Investment Data Solutions for institutional investors, available through Fusion by J.P. Morgan. The solution will enable investors to readily extract value from sustainable investment data supplied by providers through technology-enabled normalization, management, calculation,…

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Applied Capital LLC FL Adds Toronto-Dominion Bank as Top 30 Investment Position with $1.6 Million Worth of Shares

Applied Capital LLC FL Adds 24,706 Shares of Toronto-Dominion Bank Worth $1.6 Million in Its Investment Portfolio Applied Capital LLC FL has recently added a new position to its investment portfolio by acquiring 24,706 shares of The Toronto-Dominion Bank (NYSE:TD)…

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