Category Finance

Goldman Sachs Announces Redemption of All Outstanding Depositary Shares Representing Interests in Its 5.50% Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series J

The Goldman Sachs Group, Inc. (NYSE: GS) (the “Company”) announced that it will redeem all outstanding shares of its 5.50% Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series J (“Series J Preferred Stock”) and the corresponding 40,000,000 depositary shares (“Depositary Shares”) each…

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Investing in the Next Generation of Talent: Schwab Announces Registered Investment Advisor Talent Advantage Student Scholarship Recipients

Schwab Advisor Services and Charles Schwab Foundation announced yesterday the 12 recipients of its 2023 Registered Investment Advisor Talent Advantage (RIATA) Student Scholarship. In its third year, the scholarship aims to provide the next generation of talent with the opportunity…

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Mastercard and Ukrainian brand BEVZA launch limited-edition jewelry capsule collection exclusively on priceless.com

 Mastercard announces a partnership with Ukrainian fashion brand BEVZA to launch KALYNA, a limited-edition jewelry capsule collection. Building on the company’s focus on supporting the Ukrainian people—and empowering Ukrainian entrepreneurship—the collection was designed to spotlight Ukrainian culture and artistry. The…

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Schwab Study: Workers Continue to Prioritize 401(K) Saving Amid Anxiety About Inflation and Market Volatility

 Inflation and market volatility are impacting workers’ ability to save for retirement to a greater extent than last year, according to a new survey from Charles Schwab. The annual nationwide survey of 401(k) plan participants finds that 62% of workers…

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Schwab Launches Three New Wasmer Schroeder™ Bond Ladder Strategies as Appetite for Fixed Income Continues to Grow

Schwab Asset Management™, the asset management arm of The Charles Schwab Corporation, today announced the launch of three short-duration U.S. Treasury bond ladder strategies managed by its Wasmer Schroeder™ Strategies team. The new bond ladders, which invest in short-duration U.S.…

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Mastercard introduces a fast, safe and cost-effective solution for businesses to accept virtual card payment

Mastercard announces the launch of Mastercard Receivables Manager, a new, automated solution that streamlines the way businesses accept and process virtual card payments. The innovation complements Mastercard’s virtual card platform as the company provides choice in payments to players across…

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Goldman Sachs Reports 2023 Second Quarter Earnings Per Common Share of $3.08 and Annualized Return on Common Equity of 4.0%

The Goldman Sachs Group, Inc. (NYSE: GS) today reported net revenues of $10.90 billion and net earnings of $1.22 billion for the second quarter ended June 30, 2023. Diluted earnings per common share (EPS) was $3.08 for the second quarter…

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