“Never again” is now
Allianz stands against all forms of hatred and anti-semitism. We all condemn the terror attack of Hamas against Israel. And we see with horror the suffering of civilians in Israel and Gaza. As German companies, we stand against all forms…
Students ignore scam risks despite rising fraud attempts – RBC poll
Even with fraud attempts on the rise, many post-secondary students don’t see themselves as probable targets and are likely underestimating their risk, according to the RBC 2023 Students and Fraud Poll. Less than half (44%) are worried about falling victim to a financial scam while…
Morgan Stanley Investment Management Expands ETF Platform with Five Active ETFs
Morgan Stanley Investment Management (“MSIM”) today announced the listing of five new ETFs on NYSE Arca. These latest additions to MSIM’s ETF platform are all actively-managed and span asset classes with one Parametric-branded alternative income strategy, one Parametric-branded hedged equity…
Blackstone Announces Key Appointments in Asia to Support Private Wealth Solutions Expansion
Blackstone (NYSE: BX) announced that Ed Huang, Chief Operating Officer, Blackstone Private Equity Asia, has been promoted to Head of Private Wealth Solutions (PWS), APAC. Herbert Suen has been named Head of Southeast Asia, PWS, and Manali Parekh has been…
180 Entities Submit Request to Oppose Abolition ofNTT Law, Call for Careful Policy Discussions
On October 19, 2023, a total of 180 entities, including telecommunications operators and local governments, submitted a jointly-signed request (the “Request”) to the Chairman of the Policy Research Council of the Liberal Democratic Party (“LDP”), as well as the Chairman…
Government of Rwanda in Partnership with SoftBank Corp.Successfully Delivers World’s First 5G Connectivityfrom the Stratosphere
The Government of Rwanda and SoftBank Corp. (President & CEO: Junichi Miyakawa, “SoftBank”) announced that on September 24, 2023, they successfully tested SoftBank’s proprietary 5G communications payload in the stratosphere installed on a solar-powered High Altitude Platform Station (HAPS) unmanned…
Mastercard uses AI to sharpen payment resiliency
With the relentless demand on banks to maintain consumer trust in an ever-evolving payments landscape, Mastercard has launched a new suite of enhanced solutions using game-changing AI to help them make good on the promise of ‘always-on’ payments. With millions…
Mastercard and Remitly join forces to expand access to cross-border payments
Mastercard and Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a leading digital financial services provider for immigrants and their families, today announced they’ve joined forces to expand access to cross-border payments and remittances. Tapping into the power of the Mastercard network, Remitly will…
Schwab Declares Common Stock Dividend and Declares Preferred Stock Dividends
The Board of Directors of The Charles Schwab Corporation at its meeting today declared a regular quarterly cash dividend of $0.25 per common share. The dividend is payable November 24, 2023 to stockholders of record as of the close of…
Schwab Stock Plan Services Expands International Capabilities, Offers Fully Featured Accounts to 18 Additional Countries
Schwab Stock Plan Services recently expanded availability of fully featured investment accounts to equity compensation plan participants in 18 additional countries. With the expansion, Schwab now offers fully featured accounts for participants in 52 jurisdictions outside the U.S. Many stock…
Goldman Sachs Reports 2023 Third Quarter Earnings Per Common Share of $5.47 and Annualized Return on Common Equity of 7.1%
The Goldman Sachs Group, Inc. (NYSE: GS) today reported net revenues of $11.82 billion and net earnings of $2.06 billion for the third quarter ended September 30, 2023. Diluted earnings per common share (EPS) was $5.47 for the third quarter…
Ping An establishes China’s first charitable trust for mangrove ecosystem conservation to promote sustainable development
Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An”, the “Company” or the “Group”, HKEX: 2318 / 82318; SSE: 601318) established the Ping An Biodiversity and Environmental Conservation Charitable Trust (hereinafter “the Trust”) at a signing ceremony in Shenzhen. It is…