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…
“While we’re all hearing a lot more about AI these days, CBA has been doing it for a while,” said Commonwealth Bank’s Chief Data & Analytics Officer Dr Andrew McMullan, when he was recently invited to be a guest on The…
Royal Bank of Canada (TSX: RY) (NYSE: RY) will release its third quarter results for 2023 on August 24, which will be made available at rbc.com Financial results are expected to be released at approximately 6:00 a.m. Eastern Daylight Time (EDT). The conference call is scheduled for 8:00…
Wells Fargo Bank, N.A. is supporting a national expansion of Concordance, a nonprofit with a proven record of reducing repeat criminal offenses from individuals returning to the community. The company plans to donate up to $60 million to help focus on advancing…
Avion Rewards and its first-in-Canada exclusive shopping companion, Avion Rewards ShopPlus (ShopPlus), are now open to all Canadians regardless of where they bank or shop. This brings unparalleled savings and flexibility to everyone and is a fundamental shift in how the rewards program delivers benefits to…
RBC Investor Services (RBCIS) has unveiled its comprehensive analysis of the performance of Canadian DB pension plans within the All Plan Universe for the second quarter of 2023. According to the study, the plans demonstrated a modestly positive quarterly return…
Commonwealth Bank and Netherlands-based company CFP Green Buildings have worked together to help commercial property customers identify and implement meaningful, strategic actions to improve the environmental outcomes of their building operations through a new Green Buildings Tool. In an Australian…
