Category Press Releases

Wells Fargo and Allspring Collaborate on New Money Market Fund Share Class to Benefit Native American Communities

Wells Fargo & Company (NYSE: WFC) announced it is working with Allspring Global Investments, a global asset management firm, to launch a Tribal Inclusion share class for the Allspring Government Money Market Fund, which will be offered exclusively to Wells…

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KDDI, SoftBank Corp. and Rakuten MobileAnnounce Views on NTT Law

KDDI CORPORATION, SoftBank Corp., and Rakuten Mobile, Inc. (“the three companies”) announced their views on the “The NTT Law: Our Perspective” (“NTT’s Perspective”) document issued by Nippon Telegraph and Telephone Corporation (“NTT”)*2 on October 19, 2023. Currently, discussions are underway within…

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Mastercard partners with Live Nation to offer exclusive live music benefits and experiences for cardholders around the world

Mastercard today announces its multi-year partnership with Live Nation, the world’s leading live entertainment company, acknowledging the significant role music plays in people’s lives. Music is a universal passion, with 78% of global live concert goers viewing music as a fundamental…

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Allianz X Invests in NEXT Insurance’s USD 265 Million Financing Round and Expands Strategic Relationship

Allianz X, the digital investments arm of global insurer and asset manager Allianz Group, has announced an investment in NEXT Insurance, a leading, technology-first small business insurer in the United States. Insurer Allstate is also investing, bringing the strategic round…

Read MoreAllianz X Invests in NEXT Insurance’s USD 265 Million Financing Round and Expands Strategic Relationship

Progressive Surpasses 1,000 Vehicles Donated to Military Families with 11th Annual Keys to Progress Program

Progressive Insurance® announced its 11th annual Keys to Progress® vehicle giveaway will take place on November 8, 2023. Ahead of Veterans Day, 82 veterans, military-related organizations, and veteran-owned small business owners across the country will receive the keys to vehicles that will provide…

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Spontaneous Family Wealth Discussions and Decisions Can Lead to Regrets, Finds Merrill Study

Nearly four in five wealthy families have had unplanned discussions about wealth with 26% later regretting it, according to a new study published by the Merrill Center for Family Wealth™, a part of Merrill Private Wealth Management. The research found…

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Euromoney survey recognizes J.P. Morgan Payments as global market leader for USD cash management

The 2023 Euromoney Cash Management Financial Institutions Survey has ranked J.P. Morgan as global market leader for the first time. The Firm rose in the rankings from fourth place in 2022 to take the top spot this year. Alongside this prestigious…

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SoftBank Corp.’s “HAPS Radiowave PropagationPrediction Method for Design of Systems”Adopted as Global Standard by ITU-R

SoftBank Corp. (President & CEO: Junichi Miyakawa, “SoftBank”) announced it developed a new “Model for Predicting Direction of Radiowaves Arriving at Mobile Station” as part of its “HAPS Radiowave Propagation Prediction Method for Design of Systems,” which is necessary for…

Read MoreSoftBank Corp.’s “HAPS Radiowave PropagationPrediction Method for Design of Systems”Adopted as Global Standard by ITU-R

Morgan Stanley Announces Ted Pick to Become Chief Executive Officer on January 1, 2024; James Gorman to Become Executive Chairman

The Board of Directors of Morgan Stanley (NYSE: MS) today announced that Co-President Edward (Ted) Pick will become the Firm’s Chief Executive Officer, effective January 1, 2024. James Gorman will become Executive Chairman. Mr. Pick will also join Morgan Stanley’s…

Read MoreMorgan Stanley Announces Ted Pick to Become Chief Executive Officer on January 1, 2024; James Gorman to Become Executive Chairman

As Part of $100 Million Investment in Rural Communities, Goldman Sachs 10,000 Small Businesses Launches in Arkansas

Goldman Sachs 10,000 Small Businesses today announced it has expanded its $100 million Investment in Rural Communities initiative to Arkansas and is making a $20 million commitment to community development financial institution (CFDI) Hope Enterprise Corporation to foster job creation and help…

Read MoreAs Part of $100 Million Investment in Rural Communities, Goldman Sachs 10,000 Small Businesses Launches in Arkansas