News
State Street Corporation to Redeem $500 Million of Preferred Stock in the First Quarter of 2021
State Street Corporation (NYSE:STT) today announced that it will redeem $500 million, or 5,000 of its 7,500 outstanding shares, of its non-cumulative perpetual preferred stock, Series F (“Series F
Morgan Stanley Announces Grant to the Child Mind Institute to Advance Children’s Mental Health Research during COVID-19
Morgan Stanley today announced a grant to support two research studies from the Child Mind Institute that will raise awareness and inform intervention strategies of children’s mental health issues
State Street Expands Capabilities in Latin America Region
State Street Corporation (NYSE:STT) today announced that its Brazilian bank has begun to offer full foreign exchange (FX) trading capabilities and sales operations. State Street previously acquired
Wells Fargo Launches Office of Consumer Practices
Wells Fargo & Company (NYSE: WFC) announced today the launch of a new enterprise-wide, consumer-focused advisory group, the Office of Consumer Practices (OCP). The OCP will be part of the Chief
Fifth Third Encourages Small Businesses to Apply for New Round of Paycheck Protection Program
Fifth Third Bank, National Association, today announced that it will help business owners apply for loans through the latest round of the Paycheck Protection Program (PPP), as part of the new
American Express Launches New Offers for U.S. Consumer, Small Business, and Cobrand Card Members and Merchants
To kick off the new year, American Express (NYSE: AXP) is introducing new offers for U.S. Consumer, Small Business and Cobrand Card Members, as well as small merchants. Designed with customers’
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
TD Ameritrade Investor Movement Index: IMX Score Rebounds as Markets Hit December Highs
The Investor Movement Index® (IMXSM) increased to 6.26 in December, up 15.71 percent from its November score of 5.41. The IMX is TD Ameritrade’s proprietary, behavior-based index, aggregating Main
Fifth Third Completes Acquisition of Hammond Hanlon Camp LLC
Fifth Third Bancorp (Nasdaq: FITB) announced that Fifth Third Acquisition Holdings, LLC has closed on the acquisition of Hammond Hanlon Camp LLC (“H2C”).
Founded in 2011, H2C is a premier
Discover Financial Services Announces Fourth Quarter 2020 Earnings Release on January 20, 2021 and Conference Call on January 21, 2021
Discover Financial Services (NYSE: DFS) plans to report its fourth quarter 2020 results after the market closes on Wednesday, January 20, 2021. The earnings release will be available through
Congress Extends Critical Legislation Enabling Employers to Enhance Financial Wellness Programs
Gradifi by E*TRADE, a student loan payment benefit administrator, today applauded Congress’ decision to extend critical legislation that preserves for five years the tax-free status of
Purple Heart Veteran, Family Get Mortgage-Free Home for the Holidays
The holidays are shining brighter for a Purple Heart veteran and his family after being surprised with a mortgage-free home and holiday gifts. Retired U.S. Marine Corps Staff Sergeant Clint Myatt
State Street Corporation Announces Date for Release of Fourth-Quarter and Full-Year 2020 Financial Results and Conference Call Webcast
State Street Corporation (NYSE: STT) plans to announce its fourth-quarter and full-year 2020 financial results on Tuesday, January 19, 2021 at approximately 7:30 a.m. EST. The results will be
Private Foundations in The Foundation Office at Fifth Third Bank Announce More Than $6.6 Million in 2020 Grants
Eight private family foundations in The Foundation Office at Fifth Third Bank, National Association, have announced gifts of more than $6.6 million in 2020. Grants were awarded from these private
Morgan Stanley Announces Anticipated Resumption of Its Common Stock Repurchase Plan
On December 18, 2020, the Board of Governors of the Federal Reserve System (FRB) notified Morgan Stanley (NYSE: MS) that it would be permitted to resume repurchases of common stock in the first
State Street Corporation Announces Federal Reserve Authorization to Resume Share Repurchases in First Quarter of 2021
State Street Corporation (NYSE: STT) today commented on the results of its 2020 resubmission stress test, included in the Federal Reserve’s supervisory stress test results for covered institutions
Michelle Moore Named Wells Fargo Digital Platform Leader
Wells Fargo & Company (NYSE: WFC) today announced that Michelle Moore will join the company as Digital Platform leader, effective Dec. 31, 2020. She will report to Ather Williams III, head of
State Street Corporation Declares Fourth-Quarter Dividend on Its Common Stock
State Street Corporation (NYSE:STT) today announced a quarterly cash dividend of $0.52 per share of common stock, payable on January 19, 2021 to common shareholders of record at the close of
American Express Plans Live Audio Webcast of the Fourth Quarter 2020 Earnings Conference Call
American Express Company (NYSE: AXP) plans to host a live audio webcast of its earnings conference call at 8:30 a.m. (ET) on Tuesday, January 26, 2021, to discuss fourth-quarter and full-year 2020
E*TRADE Advisor Services Study Reveals Bullish Sentiment Skyrockets Among RIAs to Close Out 2020
E*TRADE Advisor Services, a provider of integrated technology, custody, and practice management support for registered investment advisors (RIAs), today announced results from the most recent wave
Morgan Stanley Schedules Quarterly Investor Conference Call
Morgan Stanley (NYSE: MS) will announce its fourth quarter 2020 financial results on Wednesday, January 20, 2021, at approximately 7:30 a.m. (ET). A conference call to discuss the results will be
Morgan Stanley Declares Quarterly Dividends on Its Preferred Stock
Morgan Stanley today declared a regular dividend on the outstanding shares of each of the following preferred stock issues:
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Floating Rate Non-Cumulative Preferred Stock, Series A - $255.56 per
Fifth Third Bancorp Announces Cash Dividends
Today Fifth Third Bancorp announced the declaration of cash dividends on its common shares, Series H preferred shares, Series I preferred shares, Series J preferred shares, Series K preferred
State Street Launches Cloud-Native Alpha Data Platform for Institutional and Wealth Managers
State Street Corporation (NYSE:STT) today launched its State Street AlphaSM Data Platform, an end-to-end data management and warehouse solution for institutional investment and wealth managers. The
Northern Trust Marks 20 Years in Ireland in 2020
Northern Trust (Nasdaq: NTRS) this year marks 20 years since it established a presence in Ireland and was today recognized by Tánaiste and Minister for Enterprise, Trade and Employment, Leo