Royal Bank of Canada announces Institutional NVCC Preferred Share Issue
Royal Bank of Canada (TSX: RY) (NYSE: RY) today announced a domestic public offering of Non-Cumulative 5-Year Fixed Rate Reset First Preferred Shares, Series BU (“Preferred Shares Series BU”). Royal Bank of Canada will issue to certain institutional investors 750 thousand Preferred Shares Series BU priced…
RBC Training Ground launches new season as Team Canada prepares for the Paris 2024 Olympic Games
In its search for Canada’s next Olympic talent, RBC is calling on young athletes to register for the newest season of RBC Training Ground. This year, the program will welcome two new sport partners, visit two new markets and continue its efforts to…
RBC announces targeted close date for proposed acquisition of HSBC Bank Canada
Royal Bank of Canada (“RY” on TSX and NYSE) (“RBC”) today announced that the targeted close date for the proposed acquisition of HSBC Bank Canada will be Thursday, March 28, 2024, subject to the satisfaction of customary closing conditions. Conversion activities will begin…
Bank of America Declares Preferred Stock Dividends for First Quarter 2024
Bank of America Corporation today announced the Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares of the following series of preferred stock: Series of Preferred Stock Dividend per Share or Depositary Share 1 Record…
BofA Global Research Named Top Global Equity Research Provider for 2023 by Institutional Investor
BofA Global Research has placed No. 1 in Institutional Investor’s 2023 global ranking of the top equity research providers, earning 182 total team positions across II’s 2023 equity team surveys. This is the latest in a series of top accolades…
Blackstone Announces New Co-Chief Investment Officers and Co-Head of Real Estate
Blackstone (NYSE: BX) announced that Ken Caplan, current Global Co-Head of Real Estate, and Lionel Assant, European Head of Private Equity, have been elevated to newly created roles as Global Co-Chief Investment Officers (CIOs) of Blackstone. They will enhance the…
Morgan Stanley Appoints 155 New Managing Directors
Morgan Stanley has announced the appointment of 155 Managing Directors. The new Managing Directors are: Ben Adubi Judy Lai Meenu Arora David Lazar Edouard Aubin Maximilien Lefranc Samith Nandan Balwalli …
Mastercard announces development of inclusive AI tool to provide personalized, real-time assistance to small business community
Mastercard is in development on a new initiative to support small business owners globally with personalized guidance to help them grow and thrive. Acknowledging the crucial contribution of small businesses to the worldwide economy—and the incredible impact of mentorship to…
Introducing the Schwab Trading Activity Index™
Schwab introduced the Schwab Trading Activity Index (STAX), offering timely insights into retail trading behavior from one of the industry’s largest retail investor client bases. Building on the success of the TD Ameritrade Investor Movement Index® (IMXSM), launched in 2013, the STAX…
UnitedHealth Group Reports Fourth Quarter and Full Year 2023 Financial Results
UnitedHealth Group (NYSE: UNH) reported full year and fourth quarter 2023 results reflecting broad-based growth at Optum and UnitedHealthcare. “UnitedHealth Group enters 2024 well prepared to build on our efforts to improve patient care and consumer experiences broadly, and to…
AXA announces the successful placement of Euro 1.5 billion Restricted Tier 1 Notes
AXA announced the successful placement of Euro 1.5 billion of Reg S perpetual deeply subordinated notes (the “Notes”) with institutional investors. The Notes qualify as Restricted Tier 1 capital under Solvency II. Investor demand for the issuance was strong with…
Bank of America Reports Fourth-Quarter 2023 Financial Results
Bank of America reported its fourth-quarter 2023 financial results Yeserday. The news release, supplemental filing and investor presentation can be accessed at Bank of America’s Investor Relations website at Investor Conference Call information: Chief Executive Officer Brian Moynihan and Chief…