Blackstone Signs Definitive Agreement to Acquire Sony Payment Services, Broadening its Japan Private Equity Portfolio
Blackstone (NYSE: BX) today announced that Private Equity funds managed by Blackstone have entered into a definitive agreement to acquire a majority stake in Sony Payment Services Inc. (SPSV), one of Japan’s leading payment service providers, from Sony Bank, a…
SoftBank Corp. Successfully Tests Coverage Area Optimization Technology that Realizes Communication Capacity Maximization for HAPS
SoftBank Corp. (President & CEO: Junichi Miyakawa, “SoftBank”) today announced that in September 2023 it successfully conducted a field trial using its cylindrical antenna*1 for High Altitude Platform Station (HAPS) stratospheric-based wireless communication systems at Hokkaido Spaceport, Taiki Town, Hokkaido, Japan.…
Morgan Stanley at Work Unveils Technology Enhancements for End of Year 2023
Morgan Stanley at Work announced a series of technology enhancements that drive increased automation and efficiency across a widening ecosystem of workplace benefits solutions for equity compensation, retirement, deferred compensation, executive services, saving and giving, and financial wellness. Morgan Stanley at…
Schwab Asset Management Announces Zero Capital Gains Distributions for Schwab ETFs for 2023
Schwab Asset Management®, the asset management arm of The Charles Schwab Corporation, today announced there will be no capital gains distributions for the 2023 tax year by any of the 30 exchange-traded funds (ETFs) in the Schwab ETF family. “Schwab…
Pete Chuchro Named Cigna Healthcare General Manager for Arizona Market
Cigna Healthcare has named longtime company leader Pete Chuchro as general manager for its group employer business in Arizona. In this role, Pete will be responsible for driving market growth for client employers with under 3,000 employees by creating customer…
Chubb Report Offers Insight on Mindset of the Wealthy, Their Passions and Protecting What Matters
A new survey from Chubb finds that more than three-quarters of wealthy Americans and Canadians believe damage from severe weather stemming from climate change poses the biggest threat to their home. That’s among the key findings of the inaugural Wealth Report…
The First ESG Disclosure Guidance for China’s Insurance Industry Released With Significant Contributions from Ping An
Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An”, the “Company” or the “Group”, HKEX: 2318 / 82318; SSE: 601318) announced that it was represented by Richard Sheng, Secretary of the Board of Directors of Ping An Group,…
Australians plan to spend over $4.6 billion in this year’s Boxing Day sales
Commonwealth Bank has today released new consumer research1 revealing nearly one in two people (49 per cent of Australians) had made plans to shop the Boxing Day sales this year. This is up from 42 per cent from 2022 and 40…
CBA’s 2024 John Monash Scholar hopes to improve Australia’s maths literacy
For recently announced Commonwealth Bank 2024 John Monash Scholar Georgina Ryan, improving our country’s mathematical literacy is imperative to fighting Australians’ ability to unite in the face of global issues. As part of its longstanding relationship with the General Sir…
RBC receives approval to proceed with acquisition of HSBC Canada
Royal Bank of Canada (TSX: RY) (NYSE: RY) (“RBC”) welcomed the federal Minister of Finance’s approval to proceed with the acquisition of HSBC Bank Canada (“HSBC Canada”). “I want to thank the Department of Finance, OSFI, and the Competition Bureau for their…
RBC Global Asset Management Inc. announces estimated December 2023 cash distributions for RBC ETFs and ETF Series of RBC Funds
RBC Global Asset Management Inc. (RBC GAM Inc.) today announced estimated December 2023 cash distributions for unitholders of RBC ETFs and ETF Series of RBC Funds. Please note that these are estimated amounts only, as of December 15, 2023. The estimates could change…
Blackstone Real Estate Debt Strategies, Income Trust
Blackstone Real Estate Debt Strategies, Income Trust CPP Investments and Rialto Capital Acquire a 20% Equity Stake in a Venture Holding Approximately $17 Billion Commercial Real Estate Loan Portfolio of Former Signature Bank Blackstone Real Estate Debt Strategies (“BREDS”), Blackstone…