Bank of America to Report Second-Quarter 2023 Financial Results on July 18
As previously announced, Bank of America will report its second-quarter 2023 financial results on Tuesday, July 18. The results will be released at approximately 6:45 a.m. ET, followed by an investor presentation at 8:30 a.m. ET. The news release, supplemental filing and…
Award-winning podcast returns to ask: Would you notice the red flags of an abusive relationship?
Interweaving real-life stories from victim-survivors with the testimony of experts, There’s No Place Like Home is a call to action for listeners: Would you notice the red flags in your, or a loved one’s, relationship? In the new series, launching today, audiences…
CommBank HSI Index drops 1.7% in June, as discretionary spending weakens further
The CommBank Household Spending Intentions (HSI) Index fell 1.7 per cent in June, as consumer activity continued to weaken across a range of categories led by declines in home buying, health & fitness, entertainment and travel. Home buying spending intentions declined 26.2…
CBA invests in global climate specialist Wollemi Capital
Commonwealth Bank of Australia has made an equity investment in Wollemi Capital, as part of the global climate specialist investment firm’s Series A capital raising. Headquartered in Sydney and with staff and investments across Australia and the US, Wollemi invests…
IMPACTS OF NEARSHORING ON DEMAND FOR MEXICAN LOGISTICS REAL ESTATE
INTRODUCTION In an increasingly volatile world, global companies are making decisions and investments to build resilience and flexibility. One key strategy is moving production closer to end consumers—nearshoring production—and in Northern America, we see Mexico benefiting significantly. This Prologis Research…
Lazeo Welcomes Significant Investment from Blackstone
Lazeo, the number one provider of aesthetic medicine services in France, today announced that funds managed by Blackstone Tactical Opportunities (“Blackstone”), have agreed to make a significant investment in the Company. Financial terms of the transaction were not disclosed. Headquartered…
Ping An Named “Most Honored Company” for the Tenth Time and Received Seven Awards from Institutional Investor
Ping An Insurance (Group) Company of China, Ltd. (“Ping An” or the “Group”, HKEx:2318; SSE:601318) announced that Ping An was named a “Most Honored Company” in Institutional Investor’s 2023 Asia (ex-Japan) Executive Team survey among 1,600 companies. This is the…
Allianz puts The Squared Ball in play and launches campaign for financial coaching in women’s football
Many people dream of becoming a professional footballer, yet it’s a goal that, in reality, is unattainable for many women. A survey by Allianz shows that financial obstacles prevent 64 per cent of women from pursuing their passion – to…
Zurich joins forces with insurtech Qover to expand its embedded insurance capabilities
Zurich Insurance Group (Zurich) today announced that it is entering a strategic partnership with Belgium-based Qover through Zurich Global Ventures as part of which Zurich is also joining the insurtech’s Series C funding round. This collaboration with Zurich Global Ventures emphasizes Zurich’s…
Bank of America Announces Redemptions of Floating Rate Senior Notes Due July 2024 and 3.864% Fixed/Floating Rate Senior Notes Due July 2024
Bank of America Corporation announced today that it will redeem on July 23, 2023 all $500,000,000 principal amount outstanding of its Floating Rate Senior Notes, due July 2024 (CUSP No. 06051GHK8) (the “Floating Rate Notes”), and all $2,500,000,000 principal amount outstanding…
Bank of America Announces Plan to Increase Quarterly Dividend 9 Percent to $0.24 per share
Bank of America today announced plans to increase its quarterly common stock dividend from $0.22 per share to $0.24 per share beginning in the third quarter of 2023. The company previously communicated on July 3 that it had initiated a…
E*TRADE from Morgan Stanley Releases Monthly Sector Rotation Study
E*TRADE from Morgan Stanley today released the data from its monthly sector rotation study, based on the E*TRADE customer notional net percentage buy/sell behavior for stocks that comprise the S&P 500 sectors. About E*TRADE from Morgan Stanley and Important Notices…