RBC today announced the appointment of Greg Carmichael as executive chair of the board of directors of City National Bank, effective October 2, 2023. Mr. Carmichael will provide dedicated strategic oversight and board governance to City National as it strengthens its platform for…
Wells Fargo Wealth & Investment Management announces the launch of Stock Fractions℠, giving WellsTrade® clients the ability to buy fractions of a company’s stock in the Wells Fargo Mobile® app. Stock Fractions℠ allows do-it-yourself investing clients to build a diversified portfolio, regardless…
The monthly CommBank Household Spending Insights Index rose 0.7 per cent to 137.0 in August, led by increased education spending by international university students, higher transport spending due to increased petrol prices and elevated recreation activity related to the FIFA…
Bank of America Chief Financial Officer Alastair Borthwick will participate in the BofA Securities 28th Annual Financials CEO Conference on Wednesday, September 20, 2023, at 12:15 p.m. British Summer Time in London (7:15 a.m. Eastern Time). A live webcast of…
Bank of America today announced plans to expand the monthly maintenance fee waiver criteria for SafeBalance®, an easy-to-use account that helps clients manage day-to-day finances with no overdraft fees. Beginning in November 2023, accounts that maintain a minimum daily balance of…
Bank of America has been named the largest provider of outsourced chief investment office (OCIO) services for foundations and endowments in the U.S by Pensions & Investments.1 The firm’s differentiated OCIO offering features a unique combination of portfolio management, strategic consulting and…
Twenty two inspiring educators are being recognised and rewarded for their innovation and unwavering commitment towards their students’ education at the 2023 Commonwealth Bank Teaching Awards, presented by Schools Plus. Co-hosted by Education Minister, Hon Jason Clare MP, at Parliament…
Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, yesterday announced that Tim Arndt, chief financial officer, will participate in two conferences in New York City: Prologis’ presentations will broadcast live via audio webcast and can be accessed on ABOUT…
Consumers are redirecting an average of almost $450 a month, largely towards essential goods and services or savings, and adjusting their shopping behaviours in response to cost of living pressures, a new CommBank consumer survey shows. The latest CommBank Consumer Insights…
Commonwealth Bank of Australia (CBA) today announced its venture-scaling arm, x15ventures, has entered an agreement to acquire cloud-based invoice lending platform Waddle, accelerating the bank’s ambition to provide leading working capital solutions for Australian businesses. CBA has an existing partnership…
Wells Fargo is donating $500,000 to the Florida Disaster Fund, led by Volunteer Florida, to aid in the aftermath of Hurricane Idalia and the emergency response, including shelter, supplies, and services for those displaced. In addition, customer accommodations are available for Floridians directly…
Wells Fargo today announced that William M. Daley, the company’s vice chairman of Public Affairs, will retire at the end of this year. Daley joined Wells Fargo in 2019 from BNY Mellon to lead Public Affairs, a newly created corporate…
