Wells Fargo & Company (NYSE: WFC) yesterday announced that Malcolm Price has joined the Corporate & Investment Bank (CIB) as head of Financial Sponsors. He will jointly report to Tim O’Hara, head of Banking, and Scott Warrender, head of Coverage in…
Commonwealth Bank has today announced a six per cent increase in cash net profit after tax in an improved result that reflects the Bank’s consistent focus on customers and disciplined operational and strategic execution, to deliver sustainable returns for shareholders.…
The Commonwealth Bank of Australia (CBA) remains committed to limiting climate change in line with the goals of the Paris Agreement and supporting Australia’s transition to a net zero economy by 2050. CBA’s inaugural Climate Report, released last year, outlined…
Commonwealth Bank today announced the launch of a police referral pilot in NSW. The pilot is an Australian-first and will set new standards for how banks report technology-facilitated abuse to law enforcement. Building on its use of artificial intelligence and…
Fortune has announced the 2023 Global 500 list. Ping An Insurance (Group) Company of China, Ltd. (“Ping An” or the “Group”, HKEx:2318; SSE:601318) ranked 33rd on the list with its revenue recorded USD181,566 million. The Group ranked 5th among global financial enterprises,…
The groundbreaking tour has been in high demand since kicking off earlier this year, bringing together generations of music fans and breaking sales records around the globe. Through RBC’s recently expanded Avion Rewards program, now open to all Canadians, members will…
Canadians are jumping at the chance to save and invest tax-free for their first home through the new FHSA (First Home Savings Account), according to the most recent data from RBC. “We’re seeing amazing interest in this new tax-free account,…
CoreWeave, a specialized cloud provider of large-scale GPU-accelerated workloads, today announced it has secured a $2.3 billion debt financing facility. The funding was led by Magnetar Capital and funds managed by Blackstone Tactical Opportunities (“Blackstone”) with strategic participation from leading…
Prosus today announces PayU has reached an agreement with Rapyd, a leading Fintech-as-a-Service provider, that Rapyd will acquire PayU’s Global Payments Organisation (GPO) for a total cash consideration of US$610m. The transaction will enable PayU to focus on the large…
Plerion, a cutting-edge cybersecurity company founded by industry veterans Mike Rahmati (CEO), Paul Garner (COO), and Pierre Liddle (CTO), has announced the closure of its seed round funding, raising US$10 million led by Prosus Ventures, with participation from Cercano and Atlassian…
The Humana Foundation, the philanthropic arm of Humana Inc. (NYSE: HUM) for the past 41 years, today announced 81 winners of college scholarships awarded through the Humana Foundation Scholarship Program. Humana employee Christy Cole and her son Connor Cole, incoming…
Amerigroup, a subsidiary of Elevance Health serving Medicaid and Medicare enrollees, will begin rebranding as Wellpoint in January 2024, to reflect the company’s evolution to support whole health. “This rebranding is a continuation of our bold and ambitious purpose to improve the…
