Category News

Cigna Healthcare and Virgin Pulse Launch Personalized Digital Experience for Individuals to Improve Health and Vitality

Cigna Healthcare, the health benefits division of The Cigna Group (NYSE: CI), is partnering with Virgin PulseThis link will open in a new tab., a global digital-first health and well-being engagement company. This new partnership will offer a connected and more…

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Wells Fargo & Company Announces Full Redemption of its Series Q Preferred Stock and Related Depositary Shares

Wells Fargo & Company (NYSE: WFC) announced that on Sept. 15, 2023, it will redeem all 69,000 shares (the “Redeemed Series Q Preferred Shares”) of its 5.85% Fixed-to-Floating Rate Non-Cumulative Perpetual Class A Preferred Stock, Series Q (the “Series Q…

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Humana Foundation and Greater Louisville Inc. Partner to Address the Shortage of Regional Mental Health Providers

The Humana Foundation, philanthropic arm of Humana Inc.opens new window (NYSE: HUM) for the past 41 years, yesterday announced a partnership with Greater Louisville Inc. (GLI) to help small business mental health providers scale their operations and increase sustainable services to victims…

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BofA Report Finds Average 401(k) Balances Up Nearly 10% in 2023; More Participants Taking Hardship Withdrawals

Bank of America released its Q2 2023 Participant Pulse (PDF), which found average 401(k) balances increased by $7,250 (9.6%) since the end of 2022.  The report also found that a growing number of 401(k) participants are initiating withdrawals from their plans.…

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Bank of America Announces Dividend Correction on Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series U

Bank of America Corporation today announced a corrected dividend amount on the Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series U, originally announced on July 14, 2023.  The regular quarterly cash dividend is $22.05700 per depositary share and is payable on September…

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