News
Morgan Stanley Schedules Quarterly Investor Conference Call
Morgan Stanley (NYSE: MS) will announce its third quarter 2021 financial results on Thursday, October 14, 2021, at approximately 7:30 a.m. (ET). A conference call to discuss the results will be
Wells Fargo Announces New Digital Infrastructure Strategy and Strategic Partnerships With Microsoft, Google Cloud
Wells Fargo & Company (NYSE: WFC) announced today its new digital infrastructure strategy, combining a multi-cloud approach with third-party data centers to drive technological speed, agility, and
Wells Fargo Affirms Focus on Building Strong Risk and Control Foundation
Serving customers with the highest standards requires a strong risk and control foundation. That’s why meeting our own expectations for risk management and controls — as well as our regulators’ —
Discover Named Title Sponsor of NHL Winter Classic®
Discover, the National Hockey League (NHL®), and Turner Sports today announced an expansive partnership, highlighted by Discover being named the title sponsor of the NHL Winter Classic®, the annual
Fifth Third Bancorp Increases Quarterly Cash Dividend on its Common Shares 3 cents, or approximately 11%, to $0.30 per Share
Today Fifth Third Bancorp announced the declaration of cash dividends on its common shares, Series I preferred shares, Series J preferred shares, Series K preferred shares, Series L preferred
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
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
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
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
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
Two UBS Advisors in Boston, MA, Named to the Forbes/SHOOK Top 250 Wealth Advisors List
UBS Wealth Management USA announced today that two Financial Advisors in Boston, MA, Max Pecker and Sean Dillon, have been named to the Forbes/SHOOK Research Top 250 Wealth Advisors list for 2021.
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
E*TRADE Study Reveals the Wide Majority of Investors View Inflation as Transitory
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 investor views on Fed
State Street Announces that Collateral+ is Now Connected to DTCC’s Margin Transit Utility (MTU)
State Street Corporation (NYSE:STT) today announced that its Collateral + business is operational with DTCC’s Margin Transit Utility (MTU), which has been designed for simplifying the transfer of
State Street Announces Chief Operating Officer and Chief Financial Officer to Participate in Barclays Global Financial Services Conference
State Street Corporation (NYSE:STT) announced today that its Chief Operating Officer, Lou Maiuri, and its Chief Financial Officer, Eric Aboaf, will participate in the Barclays Global Financial
Wells Fargo & Company Declares Cash Dividends on Preferred Stock
Wells Fargo & Company (NYSE: WFC) today announced dividends on 10 series of preferred stock.
A quarterly cash dividend of $18.75 per share was declared on its 7.50% noncumulative perpetual