Ping An Ranks 16th in Forbes’ Global 2000, 7th among Global Financial Enterprises
Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An”, the “Company” or the “Group”, HKEx:2318; SSE:601318) has risen to 16th place in the Forbes Global 2000 ranking this year, up one place from 2022. With steady development of operating…
COVID-19 Impact Analysis of Direct Life Insurance Market 2031 | Key Players AIA Group Limited, Asahi Mutual Life Insurance, Dai-ichi Mutual Life Insurance
In-depth information about the market value and compound annual growth rate (CAGR) of Direct Life Insurance markets from 2023 to 2031 is provided in the Global Direct Life Insurance Market Report. It offers a comprehensive review of the industry and also its…
Elevance Health Announces Appearance at Goldman Sachs 44th Annual Global Healthcare Conference
Elevance Health (NYSE: ELV) announced today that senior management is scheduled to present at the Goldman Sachs 44th Annual Global Healthcare Conference in Dana Point, California on June 13th at 10:00 a.m. Pacific Daylight Time (PDT)/1:00 p.m. Eastern Daylight Time (EDT). All…
UnitedHealth Group Increases Dividend; Announces Annual Shareholder Meeting Results
UnitedHealth Group (NYSE: UNH) announced an increase to its dividend and provided an update on its 2023 annual shareholder meeting. The Board of Directors authorized a 14% increase to its quarterly cash dividend. A cash dividend of $1.88 per share,…
TD Canada Trust announces change to TD Prime Rate
TD Canada Trust today announced that it has increased its TD Prime Rate by 25 basis points to 6.95% per cent, effective June 8, 2023. About TD Bank Group The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank…
CBA announces interest rate changes
Following the Reserve Bank of Australia’s (RBA) decision to raise the official cash rate by 0.25% per annum (p.a.), CBA will increase interest rates across a number of its savings products, and will lift its home loan variable interest rates…
CBA targets scams with new holds, declines and limits on payments to cryptocurrency exchanges
Commonwealth Bank has today introduced new measures to help protect customers from scam risks associated with making certain payments to cryptocurrency exchanges. From today, CBA will decline or hold for 24 hours¹ certain payments to cryptocurrency exchanges. In coming months…
HDFC Bank to keep home loans as focus of growth strategy post-merger
After its merger with HDFC Ltd is concluded, HDFC Bank will keep home loans at the centre of its growth strategy, with such credit likely to make up nearly a third of the bank’s portfolio going forward, Reuters reported citing senior officials…
RBC Royal Bank increases prime rate
RBC Royal Bank is increasing its prime rate by 25 basis points to 6.95 per cent from 6.70 per cent, effective June 8, 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…
Wells Fargo Launches Sports & Entertainment Program to meet unique wealth management needs
Wells Fargo announced today a new Sports & Entertainment Program focused on recognizing and supporting financial advisors who serve clients within the sports and entertainment industries. Wells Fargo has a long history of serving the complex needs of clients with…
China, Its Economy Flagging, Prods Consumers to Save Less and Spend More
In the latest attempt to boost consumer spending, China’s largest state-run banks lowered interest rates on deposits this week. The rate cuts, the second such reductions since last year, reflect a growing concern that the world’s second-largest economy has not…
Bank of America Announces 2024 Financial Reporting Dates
Bank of America today announced the following reporting dates for quarterly financial results: The results will be released at approximately 6:45 a.m. Eastern Time. For the fourth quarter 2023 reporting date on January 12, 2024, the company will host a…