News

The Board of Directors of The Charles Schwab Corporation at its meeting today authorized additional repurchases of the company’s common stock and declared a 2 cent, or 10% increase in the quarterly

Fifth Third Bank, National Association, today announced it will increase its prime lending rate to 5.50%, effective immediately.

The rate was last changed on June 15, 2022, when Fifth Third

Fifth Third today announced the launch of its Empowering Community Leaders career development growth program. The 18 month-long program will provide resources and training to nonprofit leaders

Fifth Third Bank, National Association, has announced that Mark Hoppe, Chicago region president, plans to retire at the end of the year following a distinguished 45-year career in the banking

American Express Company (NYSE: AXP) today reported second-quarter net income of $2.0 billion, or $2.57 per share, compared with net income of $2.3 billion, or $2.80 per share, a year ago.

($

State Street Corporation (NYSE: STT) today announced a quarterly cash dividend on each of the below outstanding series of non-cumulative perpetual preferred stock:

• 
  Series D (represented by

State Street Corporation (NYSE: STT) today announced a quarterly cash dividend of $0.63 per share of common stock, payable on October 13, 2022 to common shareholders of record at the close of

State Street Corporation (NYSE:STT) today announced that Brenda Tsai has been appointed as the firm’s new executive vice president and global chief marketing officer. Tsai will report to Julia

Fifth Third Private Bank, a division of Fifth Third Bank, National Association, was named Best Private Bank for High Net Worth Clients by The Digital Banker and Global Private Banker as part of the

Fifth Third Bancorp (NASDAQ: FITB):

Key Highlights

Select Business Highlights:

• 
  Generated consumer household growth of 2% compared to 2Q21
  


• 
  Announced stress capital buffer requirement of

Discover Financial Services (NYSE: DFS):

Second Quarter 2022 Results

2022

2021

YOY Change

Total loans, end of period (in billions)

$99.3

$87.7

13%

For the second consecutive year, Discover is recognized as a 2022 Best Place to Work for Disability Inclusion and has earned a 100 percent score on the Disability Equality Index.

The Disability

Fifth Third Bank, National Association, today announced it earned a 100 out of 100 score in its third year of completing the Disability Equality Index®. The index is a benchmarking tool that offers

Starting today, Discover is inviting students to select the next design for the Discover Student Cards. Students can vote from three designs created by artist Dana Komsky and the design with the

State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced the appointment of Jennifer Taylor as Head of Emerging Market Debt (EMD) and

The Charles Schwab Corporation announced today that its net income for the second quarter of 2022 was a record $1.8 billion compared with $1.4 billion for the first quarter of 2022, and $1.3

State Street Corporation (NYSE: STT) reported its second-quarter 2022 financial results today. The news release, presentation, and additional financial information can be accessed on State Street’s

Morgan Stanley (NYSE: MS) today reported net revenues of $13.1 billion for the second quarter ended June 30, 2022 compared with $14.8 billion a year ago. Net income applicable to Morgan Stanley was

Fifth Third Bank, National Association, has been awarded a Top Workplaces in financial services honor by Energage, LLC, an employee engagement technology partner.

“This recognition as a top