Wells Fargo Reports Second Quarter 2023 Financial Results
Wells Fargo & Company (NYSE: WFC) has released its second quarter 2023 financial results. The financial results are available online at https://www.wellsfargo.com/about/investor-relations/quarterly-earnings/ and on a Form 8-K filed by the company with the Securities and Exchange Commission (SEC) on July 14, 2023,…
Opening remarks to the House of Representatives Standing Committee on Economics
Good morning, and thank you for the opportunity to appear before you today. We welcome and look forward to the discussion. With a strong labour market, immigration returning and a robust export sector Australia is relatively well placed to deal…
CBA backs tradies with new partnership
Commonwealth Bank is expanding its support for tradies with the launch of a new strategic partnership with Total Tools, providing even more value for tradies who are looking to start or grow their own business. Under the arrangement with the…
Bank of America Declares Preferred Stock Dividends for Third Quarter 2023
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…
Bank of America Received Fifteen Awards for Excellence from Euromoney Magazine
Recognizing Bank of America’s ability to adapt to challenging market conditions and ever-changing client needs, Euromoney Magazine has named Bank of America World’s Best Bank for Digital, Diversity and Inclusion, Financing and Markets, in addition to eleven regional and country…
BofA’s Erica Surpasses 1.5 Billion Client Interactions, Totaling More Than 10 Million Hours of Conversations
Erica, the most advanced and first widely available virtual financial assistant, has surpassed 1.5 billion interactions with Bank of America clients. Since launching in June 2018, more than 37 million clients have engaged Erica to help manage their financial needs.…
RBC Royal Bank increases prime rate
RBC Royal Bank is increasing its prime rate by 25 basis points to 7.20 per cent from 6.95 per cent, effective July 13, 2023. About RBC Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes…
Barry Perry to be appointed to Royal Bank of Canada’s Board of Directors
Royal Bank of Canada (TSX: RY) (NYSE: RY) announced today that Barry Perry will be appointed to its Board of Directors, effective August 1, 2023. Mr. Perry will join the Audit and Human Resources Committees. Mr. Perry is an accomplished executive with significant experience in…
The Schwab High Yield Bond ETF (SCYB) Begins Trading
Today, the Schwab High Yield Bond ETF (NYSE Arca: SCYB) begins trading. The fund, from Schwab Asset Management , the asset management arm of The Charles Schwab Corporation, has an expense ratio of 0.10%, which is priced in line with…
Schwab Introduces Differentiated Experiences to Support High Net Worth Investors
Charles Schwab & Co., Inc., today announced the introduction of new branded and differentiated client experiences for High Net Worth (HNW) and Ultra-High Net Worth (UHNW) clients. Effective today, retail clients with more than $1 million in assets at Schwab…
Cigna Healthcare Adds New Biosimilars to Formularies to Expand Access, Advance Affordability
Cigna Pharmacy Management, which supports Cigna Healthcare’s plans with integrated medical and pharmacy benefits, is adding four biosimilars to HUMIRA as preferred products on its formularies. Cigna Healthcare has long advocated for the approval and adoption of biosimilars. The addition…
Allianz completes sale transaction of Lebanon operations to Global Gate Capital
The transaction is part of an effort by Allianz to streamline its operations. Downloads PRESS RELEASE Related information INVESTOR RELATIONS The Allianz Group, one of the world’s leading insurers and asset managers, announced today that it had completed a transaction…