News
American Express® Launches New Fully Digital Business Checking Account for U.S. Small and Mid-Sized Businesses, with First-Ever Amex-Issued Debit Card
American Express® (NYSE: AXP), the leading small business Card issuer in the U.S.3, today introduced its new Business Checking account designed for small and mid-sized (SME) businesses. This fully
Amex Trendex: Consumers Embracing the Holiday Spirit and Welcoming Back Traditions Put on Hold Last Year
According to the Amex Trendex1, a trend report from American Express (NYSE:AXP), 61% of US consumers surveyed agree holiday plans will look different in 2021 and beyond. As new holiday spending
Morgan Stanley Sustainable Signals: U.S. Individual Investors Maintain Strong Interest in Sustainable Investing Despite COVID-19 Pandemic
Four in five U.S. individual investors remained focused on sustainable investing during the COVID-19 pandemic, with an all-time high of 99% interested among Millennials, according to a new survey
Dear Parents – You Have More Influence on Your Kids’ Finances Than You Think
While most people may look to social media influencers for advice on the latest fashion, DIY projects or dance moves, when it comes to learning the importance of building good credit habits, it’s
Discover Financial Services to Present at Bank of America 2021 Banking and Financials Conference
John Greene, executive vice president and chief financial officer of Discover, will present at the Bank of America 2021 Banking and Financials Virtual Conference on Tuesday, November 9, 2021, at
Wells Fargo & Company Announces Common Stock Dividend
Wells Fargo & Company (NYSE: WFC) today announced a quarterly common stock dividend of $0.20 per share, payable Dec. 1, 2021, to stockholders of record on Nov. 5, 2021, as approved today by the
State Street To Appoint Brad Hu to Chief Risk Officer
State Street Corporation (NYSE: STT) today announced that it has named Brad Hu its chief risk officer, effective January 1, 2022. Hu succeeds Andrew Kuritzkes, who is retiring from State Street. Hu
Fifth Third Bank CEO Greg Carmichael Honored as Responsible CEO of the Year for Community Impact
3BL Media announced the recipients of the 2021 Responsible CEO of the Year Awards. Responsible CEO of the Year: Community Impact was awarded to Greg D. Carmichael, chairman and CEO, Fifth Third
Discover Global Network Study Finds Nearly Half of Global Consumers Are More Comfortable Making Digital Payments as a Result of COVID-19
A new research paper by 451 Research, a part of S&P Global Market Intelligence, and commissioned by Discover® Global Network found digital payment services and financial technology partnerships are
Wells Fargo Announces Rebuilt Mobile App and All-New Virtual Assistant, Fargo™
Wells Fargo & Company (NYSE: WFC) announced today a rebuilt mobile banking experience for consumer and small business customers, set to begin rolling out early next year, with an all-new virtual
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American Express Reports Third-Quarter Revenue of $10.9 Billion and Earnings Per Share Of $2.27
American Express Company (NYSE: AXP) today reported third-quarter net income of $1.8 billion, or $2.27 per share, compared with net income of $1.1 billion, or $1.30 per share, a year ago.
State Street Announces Chief Financial Officer to Participate in the BancAnalysts Association of Boston Conference
State Street Corporation (NYSE:STT) announced today that its Chief Financial Officer, Eric Aboaf, will participate in the BancAnalysts Association of Boston Conference on Thursday, November 4, 2021
State Street Corporation Declares Dividends on Its Non-Cumulative Perpetual Preferred Stock Series “D”, “F”, “G” and “H”
State Street Corporation (NYSE:STT) today announced a cash dividend on each of the below outstanding series of non-cumulative perpetual preferred stock:
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Series D (represented by depositary
Discover Financial Services Reports Third Quarter 2021 Net Income of $1.1 Billion or $3.54 Per Diluted Share
Discover Financial Services (NYSE: DFS):
Third Quarter 2021 Results
2021
2020
YOY Change
Total loans, end of period (in billions)
Morgan Stanley Survey: Pension Funds Are Leading the Way in Diversity-Based Investments, Yet Perceived Financial Trade-Off Creates Hurdles for Many Asset Owners
According to a new report and survey released by Morgan Stanley, while a large majority of pension funds say incorporating gender and racial diversity into investment decisions can be financially
State Street Announces First Transaction Under Peer-to-Peer Repo Program
State Street Corporation (NYSE:STT) today announced the first transaction within its Peer-to-Peer Repo program following its launch earlier this year. The trade was executed between a large asset
American Express and Goldman Sachs to Provide Integrated Digital Payments Solution for Corporate Clients
American Express (NYSE: AXP) and Goldman Sachs Transaction Banking (TxB) today announced a collaboration to provide large corporate clients with a cloud-based payments solution that will seamlessly
Discover Financial Services Declares Quarterly Dividend for Common Stock
The Board of Directors of Discover Financial Services declared a quarterly cash dividend of $0.50 per share of common stock payable on December 9, 2021, to holders of record at the close of
American Express Launches Grant Program to Back Independent, Small Restaurants around the World
American Express (NYSE: AXP) today announced the launch of “Backing International Small Restaurants”, a new grant program to support culturally-significant, independent restaurants owned by
Fifth Third Announces Third Quarter 2021 Results
Fifth Third Bancorp (NASDAQ ®: FITB):
Key Highlights
Select Business Highlights:
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Closed acquisition of Provide, a leading fintech company serving healthcare practices
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Finalized HSA deposit
Discover Named a 2021 UK’s Best Workplace in Tech
Discover was recognized by Great Place to Work ® in their 2021 UK’s Best Workplaces™ in Tech list in the United Kingdom.
Discover ranks No. 8 in the large company category. The Best Workplaces™
E*TRADE Study Reveals Bullish Sentiment Drops Significantly Amid Inflation Fears
E*TRADE Financial Holdings, LLC today announced results from the most recent wave of StreetWise, the E*TRADE quarterly tracking study of experienced investors. Results reveal cracks in investors’
Morgan Stanley Announces Sustainable Solutions Social Justice Innovation Awards
Morgan Stanley today announced the Sustainable Solutions Social Justice Innovation Awards – a new award program dedicated to identifying systemic solutions that advance social and racial justice
State Street Reports Third-Quarter 2021 Financial Results
State Street Corporation (NYSE: STT) reported its third-quarter 2021 financial results today. The news release, presentation, and additional financial information can be accessed on State Street’s
American Express Declares Dividends on Series B and Series D Preferred Stock
American Express Company (NYSE: AXP) has declared the following dividends on the Company’s Series B and D Preferred Shares:
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A quarterly dividend on the Company’s 5.200% Fixed Rate / Floating