News
Morgan Stanley at Work and Empower Retirement Join Forces to Modernize Workplace Wealth Solutions for Plan Sponsors and Participants
Morgan Stanley at Work announced today a strategic partnership with Empower Retirement that provides a modern, comprehensive workplace retirement offering for employers who want to attract and
Victory Capital Launches Alternative Investments Platform with Acquisition of New Energy Capital Partners
Victory Capital Holdings, Inc. (NASDAQ: VCTR) (“Victory Capital” or the “Company”) today announced that its wholly owned operating subsidiary Victory Capital Management Inc. has reached a
State Street Corporation Prices Common Stock Offering
State Street Corporation (“State Street”) (NYSE: STT) today announced the pricing of an underwritten public offering of 21,724,217 shares of its common stock at a public offering price of $87.60
State Street Corporation Announces Public Offering of Common Stock
State Street Corporation (“State Street”) (NYSE: STT) today announced that it intends to sell 21,724,217 shares of its common stock in an underwritten public offering. The offering will be
Wells Fargo Issues Statement on OCC Enforcement Action, Expiration of CFPB Consent Order
Wells Fargo today confirmed two developments related to its risk management and regulatory work.
Today, the Office of the Comptroller of the Currency (OCC) issued an enforcement action against
Educators Anticipate Student Mental Health Challenges to Impact School Year Ahead, According to a New Morgan Stanley Survey
High school educators expect that mental health issues will have a large impact on student learning this school year. Four in ten (41%) U.S. high school educators anticipate that both student
Northern Trust’s 5-Year Market Forecast Calls for Global Economy to Grow by 2.9%
The global economy will experience annualized real growth of 2.9% over the next five years, along with annualized inflation of 1.7% in developed markets, according to Northern Trust’s Capital
Wells Fargo Launches Integrated Receivables, an AI-Powered Offering, to Help Simplify Accounts Receivables
Wells Fargo & Company (NYSE: WFC) today announced the availability of Integrated Receivables, a new Accounts Receivable (AR) service that uses artificial intelligence, machine learning, and robotic
Interactive Brokers Issues Statement on Patent Trial Verdict
Interactive Brokers Group (Nasdaq: IBKR) today announces that a jury has returned a verdict in a patent trial in which Trading Technologies International, Inc. (“Trading Technologies”) had accused
Central Valley Community Bank Names James J. Kim President and Chief Executive Officer
The Board of Directors of Central Valley Community Bancorp (Company) (NASDAQ: CVCY), a bank holding company headquartered in Fresno, California, and the parent company of Central Valley Community
State Street to Acquire Brown Brothers Harriman Investor Services
State Street Corporation (NYSE: STT) and Brown Brothers Harriman & Co. (BBH) today announced that they have entered into a definitive agreement for State Street to acquire BBH’s Investor Services
Northern Trust Names New Head for its Business Across Australia and New Zealand
Northern Trust (Nasdaq: NTRS) today announced it has appointed Leon Stavrou as head of its business in Australia and New Zealand.
Stavrou was most recently a global services executive responsible
Fifth Third Bancorp to Participate in the Barclays Global Financial Services Conference
Fifth Third Bancorp (Nasdaq: FITB) will participate in the 2021 Barclays Global Financial Services Conference on September 15, 2021 at approximately 7:30 AM ET. Tim Spence, president, will present
Perry Pelos to Retire from Wells Fargo; Kyle Hranicky to Become CEO of Commercial Banking and Join the Company’s Operating Committee
Wells Fargo & Company (NYSE: WFC) announced today that Perry Pelos will retire from the company in April 2022 and that Kyle Hranicky, Head of Middle Market Banking, will succeed Perry as CEO of its
Hancock Whitney Commits $2.5 Million to Ida Relief, Opens 40 Percent of Affected Locations
Hurricane Ida made landfall overnight on August 29, 2021, bringing catastrophic conditions to Southeast Louisiana. By daylight Monday, August 30, Hancock Whitney green-lighted its pre-staged relief
The First Agrees to Purchase Seven Cadence Bank Branches
The First, A National Banking Association (“The First”), headquartered in Hattiesburg, Mississippi and subsidiary of The First Bancshares, Inc. (NASDAQ: FBMS “FBMS”) has entered into a definitive
E*TRADE Releases Monthly Sector Rotation Study
E*TRADE Financial Holdings, LLC 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
Wells Fargo to Present at the Barclays Global Financial Services Conference
Wells Fargo & Company (NYSE: WFC) said today that Chief Financial Officer Mike Santomassimo will present at the Barclays Global Financial Services Conference on Tuesday, September 14, 2021 at 8:15
Interactive Brokers Group Reports Brokerage Metrics and Other Financial Information for August 2021, Includes Reg.-NMS Execution Statistics
Interactive Brokers Group, Inc. (Nasdaq: IBKR) an automated global electronic broker, today reported its Electronic Brokerage monthly performance metrics for August.
Brokerage highlights for the
State Street Announces Appointment by my529 to Provide Range of Investment Servicing Solutions
State Street Corporation (NYSE:STT) today announced that it has been appointed by my529 to provide a variety of investment servicing solutions to help streamline my529’s investment operations
Hancock Whitney Corporation Shares Update on Post-Hurricane Ida Response in Affected Areas
Executives at Hancock Whitney Corporation (NASDAQ: HWC), parent company of Hancock Whitney Bank (“Hancock Whitney”) issued updates today on the company’s status following Hurricane Ida.
On August
United Bankshares Declares Third Quarter Dividend
United Bankshares, Inc. (“United”)(NASDAQ: UBSI), today announced that its Board of Directors declared a third quarter dividend of $0.35 per share for shareholders of record as of September 10
TriCo Bancshares Announces Quarterly Cash Dividend
The Board of Directors of TriCo Bancshares (NASDAQ: TCBK) (the “Company”), parent company of Tri Counties Bank, declared a quarterly cash dividend of $0.25 (twenty-five cents) per share on its
Discover Financial Services to Present at Barclays Global Financial Services Conference
John Greene, executive vice president and chief financial officer of Discover, will present at the Barclays Global Financial Services Virtual Conference on Tuesday, September 14, 2021, at 12:00
Customers Bancorp Announces Common Stock Repurchase Plan and Updates 2021 Core EPS Guidance
Customers Bancorp, Inc. (NYSE: CUBI) announced today that its Board of Directors authorized a new share repurchase plan to repurchase up to 10% of its outstanding common stock as of June 30, 2021