The Charles Schwab Corporation announced today that its net income for the second quarter of 2023 was $1.3 billion compared with $1.8 billion for the second quarter of 2022. Net income for the six months ended June 30, 2023 was…
Mastercard today announced the appointment of Rob Beard as chief legal officer, general counsel and head of Global Policy. He will oversee the company’s legal, public policy, regulatory affairs and litigation teams around the world, reporting to Tim Murphy, chief…
Shamina Singh, the founder and president of Mastercard’s Center for Inclusive Growth and the company’s executive vice president of Sustainability, was today appointed to serve as a member of the President’s Export Council, part of the U.S. Commerce Department’s International Trade Administration.…
The Goldman Sachs Group, Inc. (NYSE: GS) today announced that it has declared dividends on the following series of its non-cumulative preferred stock (represented by depositary shares, each representing a 1/1,000th interest in a share of preferred stock, except for the…
Schwab Retirement Plan Services (SRPS) today announced new student loan resources available to 401(k) plan participants through an agreement with Vault, a leading student loan and education benefits platform. Vault Advisor is designed to help workers better manage student loan…
Today, the Schwab High Yield Bond ETF (NYSE Arca: SCYB) begins trading. The fund, from Schwab Asset Management , the asset management arm of The Charles Schwab Corporation, has an expense ratio of 0.10%, which is priced in line with…
Charles Schwab & Co., Inc., today announced the introduction of new branded and differentiated client experiences for High Net Worth (HNW) and Ultra-High Net Worth (UHNW) clients. Effective today, retail clients with more than $1 million in assets at Schwab…
Visa (NYSE: V) today announced the appointment of Rishi Chhabra as Vice President, Head of Merchant Sales & Acquiring (MS&A), India and South Asia. In this role, he will lead the Merchant Acquiring and CyberSource strategy and its implementation in…
From romance scams to fictious online deals, impersonation scams of all kinds have plagued people and businesses over recent years and shaken the confidence of victims. However, the tide is turning. Mastercard is taking the fight to the fraudsters with…
Hong Kong’s economic revival is in full swing, with residents keeping their social calendars busy—and the city welcoming back global visitors. Against this backdrop, Mastercard and distinguished local F&B group LUBUDS, today announced the launch of LUMA, a new restaurant occupying…
From dinner kits and treat boxes for Fido, to streaming and gaming services, today’s consumers have more subscriptions than ever before. In the U.S. alone, consumers have an average of 12 media and entertainment subscriptions, with millennials averaging 17. The subscription economy is…
The Charles Schwab Corporation (CSC or Schwab) announced today that it has received the results of the Federal Reserve’s 2023 Comprehensive Capital Analysis and Review (CCAR). These results included the Federal Reserve’s estimate of Schwab’s minimum capital ratios under the…
