Surge in international students, higher petrol prices and FIFA World Cup drove increased household spending in August
The monthly CommBank Household Spending Insights Index rose 0.7 per cent to 137.0 in August, led by increased education spending by international university students, higher transport spending due to increased petrol prices and elevated recreation activity related to the FIFA…
Bank of America to Participate in BofA Securities 28th Annual Financials CEO Conference on September 20
Bank of America Chief Financial Officer Alastair Borthwick will participate in the BofA Securities 28th Annual Financials CEO Conference on Wednesday, September 20, 2023, at 12:15 p.m. British Summer Time in London (7:15 a.m. Eastern Time). A live webcast of…
BofA Expands Fee Waivers for SafeBalance® Account
Bank of America today announced plans to expand the monthly maintenance fee waiver criteria for SafeBalance®, an easy-to-use account that helps clients manage day-to-day finances with no overdraft fees. Beginning in November 2023, accounts that maintain a minimum daily balance of…
BofA Recognized as the Leading Provider of Outsourced Chief Investment Office Services for Foundations and Endowments
Bank of America has been named the largest provider of outsourced chief investment office (OCIO) services for foundations and endowments in the U.S by Pensions & Investments.1 The firm’s differentiated OCIO offering features a unique combination of portfolio management, strategic consulting and…
Celebrating the outstanding teachers inspiring Australia’s future generations
Twenty two inspiring educators are being recognised and rewarded for their innovation and unwavering commitment towards their students’ education at the 2023 Commonwealth Bank Teaching Awards, presented by Schools Plus. Co-hosted by Education Minister, Hon Jason Clare MP, at Parliament…
PROLOGIS TO PARTICIPATE IN INDUSTRY CONFERENCES IN NEW YORK CITY
Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, yesterday announced that Tim Arndt, chief financial officer, will participate in two conferences in New York City: Prologis’ presentations will broadcast live via audio webcast and can be accessed on ABOUT…
Rugby’s social impact uncovered: Mastercard report reveals five trends and 15 pioneers shaping the sport ahead of the Rugby World Cup 2023
Mastercard launched its Future of Rugby report and Future XV squad: A celebration of the remarkable individuals from around the globe who are shaping the future of the sport, ahead of the Rugby World Cup 2023 tournament kicking off across France this week. On…
Allianz announces first net-zero transition plan with 2030 intermediate targets for core business segments
Today, Allianz is publishing its first comprehensive net-zero transition plan, which substantiates the company’s long-term strategic climate commitment to achieve net-zero emissions by 2050 in its proprietary investment and P&C underwriting portfolios and already by 2030 within its own operations. …
Chubb Appoints George N. Nikolaou to Lead its Technology Hub in Thessaloniki, Greece as Staffing Ramps Up
Chubb, the world’s largest publicly traded property and casualty insurance company, announced the appointment of George N. Nikolaou as head of Chubb Business Services EMEA in Thessaloniki, Greece. In this role, Nikolaou will be responsible for the Chubb technology center launched in late…
Consumers opt for convenience and money-saving technologies amidst higher cost of living
Consumers are redirecting an average of almost $450 a month, largely towards essential goods and services or savings, and adjusting their shopping behaviours in response to cost of living pressures, a new CommBank consumer survey shows. The latest CommBank Consumer Insights…
CBA strengthens digital lending capabilities with acquisition of Waddle
Commonwealth Bank of Australia (CBA) today announced its venture-scaling arm, x15ventures, has entered an agreement to acquire cloud-based invoice lending platform Waddle, accelerating the bank’s ambition to provide leading working capital solutions for Australian businesses. CBA has an existing partnership…
Wells Fargo Donates $500,000 to Florida Disaster Fund for Hurricane Relief
Wells Fargo is donating $500,000 to the Florida Disaster Fund, led by Volunteer Florida, to aid in the aftermath of Hurricane Idalia and the emergency response, including shelter, supplies, and services for those displaced. In addition, customer accommodations are available for Floridians directly…