Wells Fargo Home Lending announced that it will offer $10,000 Homebuyer Access grants that will be applied toward the down payment for eligible homebuyers who currently live in or are purchasing homes in certain underserved communities in eight metropolitan areas. This…
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…
Elevance Health (NYSE: ELV) announced yesterday that John Gallina will retire from his role as executive vice president and CFO later this year. Mark Kaye has been named executive vice president and CFO and will serve as a member of the company’s…
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…
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.…
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…
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…
