Wells Fargo Investment Institute 2023 Midyear Outlook: Navigating end-of-cycle turbulence
Wells Fargo Investment Institute (WFII) has released its “2023 Midyear Outlook: Navigating end-of-cycle turbulence.” The report discusses WFII’s guidance to remain defensive in portfolio positioning, as the current economic slowdown is likely to evolve into a moderate recession during the…
Avion Rewards wins two prestigious 2023 International Loyalty Awards
Royal Bank of Canada (RBC) is proud to announce that Avion Rewards, the largest proprietary loyalty program in Canada, has been recognized with two 2023 International Loyalty Awards, including “International Loyalty Program of the Year (Global Regional Winner – Americas)” and “Best Loyalty/Benefits in a…
BofA Surpasses $500 Million in Equity Investments to Support Minority and Women Entrepreneurs
Bank of America today announced that it has committed more than $500 million in equity investments to minority- and women-led funds, more than doubling its initial $200 million commitment. The bank has committed equity to more than 150 funds, which to…
The NFL Secures $78 Million in Loans from Minority Banks, Strengthening Support for Diverse Business Owners
The NFL today announced it is borrowing $78 million from 16 Minority Depository Institutions (MDIs), Community Development Financial Institutions (CDFIs) and minority- and women-focused banks to support and expand business opportunities with diverse enterprises across the country. The League worked with Bank…
Public Storage (PSA) Ups Flexibility With $1.5B Credit Facility
In an effort to enhance its financial flexibility, Public Storage PSA recently replaced its entire $500 million credit facility, which matures on Apr 19, 2024, with a new $1.5 billion unsecured revolving credit facility. The new facility, maturing on Jun 12, 2027,…
Cornell University’s SC Johnson College of Business Partners with KKR to Launch Scholarship Program
Today, Cornell SC Johnson College of Business, in partnership with leading global investment firm KKR, announced a new program called the Accelerator Scholars Program for Cornell students who are the first in their family to attend college. This unique program offers a…
Blackstone Announces Majority Investment in New Tradition
Blackstone (NYSE:BX) announced today that funds managed by Blackstone Tactical Opportunities (“Blackstone”) have acquired a majority stake in New Tradition Media (“New Tradition” or the “Company”), a leading out-of-home media operator with assets across the nation’s largest markets. Founded in…
Brookfield Business Corporation Announces Results of Annual Meeting of Shareholders
Brookfield Business Corporation (the “Corporation”) (NYSE, TSX: BBUC) today announced that all nine nominees proposed for election to the board of directors of the Corporation by holders of class A exchangeable subordinate voting shares (“Exchangeable Shares”) and holders of class B…
Brookfield Renewable Announces $650 Million Equity Offering Allocations
Brookfield Renewable Partners L.P. (the “Partnership”) (NYSE: BEP; TSX: BEP.UN) and Brookfield Renewable Corporation (NYSE: BEPC; TSX: BEPC) (“BEPC”, and together with the Partnership, “Brookfield Renewable”) are pleased to provide an update on the concurrent equity offerings announced June 12, 2023 for aggregate gross proceeds…
Morgan Stanley Celebrates 15 Years of Technology Excellence and Innovation in Montréal
Morgan Stanley (NYSE: MS) is celebrating the 15th anniversary of its technology center in Montréal. Established in 2008, Morgan Stanley Montréal is one of the firm’s largest technology centers, providing critical solutions and infrastructure for the firm’s global businesses. With…
James Gorman to Speak at the Morgan Stanley Annual U.S. Financials, Payments & Commercial Real Estate Conference
James Gorman, Chairman and Chief Executive Officer of Morgan Stanley, will speak at the Morgan Stanley Annual U.S. Financials, Payments & Commercial Real Estate Conference on June 12, 2023, at 12:00 p.m. (ET). IMPORTANT INFORMATION This presentation by Morgan Stanley…
Mastercard supports LGBTQIA+ small businesses with ‘Doing Business as Your True Self: Priceless’ campaign
Campaign celebrates LGTBQIA+ small businesses and encourages consumers to shop, share and support those who embrace doing business as their true selves Small businesses are the hearts and souls of our communities. This Pride Month, Mastercard is proud to reinforce…