News

Morgan Stanley today announced that the Firm has been honored by the 2020 Money Management Institute (MMI)/Barron’s Industry Awards, receiving honors for innovation and stellar service in three

State Street Corporation (NYSE:STT) celebrates the 20th anniversary of its Fund Connect platform – the leading global trading, analytics and cash management tool with access to more than 400 money

American Express (NYSE: AXP) today announced its action plan to advance its diversity, inclusion and equity priorities. The plan includes a series of internal and external initiatives, commitments

Discover Financial Services announced today that Shifra Kolsky, Vice President and Assistant Controller, will take over the role of Senior Vice President, Controller & Chief Accounting Officer, on

Daniel Simkowitz, Head of Investment Management of Morgan Stanley, will speak at the Bank of America Merrill Lynch Future of Financials Conference which will be held in a virtual format on Monday

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 5, 2020

Discover cardmembers and merchants can now experience a more seamless and consistent checkout experience when shopping online or through a mobile app with the launch of Click to Pay. The digital

American Express (NYSE: AXP) and Uber today announced an exclusive new offer for U.S. Consumer Platinum, Gold and Green Card Members and an Uber Cash benefit for Gold Card Members to bring their

American Express (NYSE: AXP) today announced that Charles Phillips has been elected to its Board of Directors, effective December 1, 2020.

“Charles has extensive leadership experience in the

Morgan Stanley today announced a donation of $2.5 million to hunger relief organizations worldwide, equaling 25 million meals, as a result of its latest employee campaign: Move for Meals. From

Fifth Third Bancorp (Nasdaq: FITB) today announced the appointment of Tim Spence as president. His promotion will support the Company’s ongoing successful execution of its strategic initiatives and

American Express Company (NYSE: AXP) today reported third-quarter net income of $1.1 billion, or $1.30 per share, compared with net income of $1.8 billion, or $2.08 per share, a year ago.

Fifth Third Bancorp (FITB):

Key Highlights

• 
  Very strong reported and adjusted return metrics, reflecting strong operating results
  


• 
  Credit losses well below previous expectations with a NCO

Northern Trust (Nasdaq: NTRS) has been selected by Switzerland-based asset manager Kieger AG and Kieger (Luxembourg) SA to provide fund administration, global custody, depositary and currency

Discover Financial Services (NYSE: DFS):

Third Quarter Results

2020

2019

YOY Change

Total loans, end of period (in billions)

$88.7

$92.5

(4%)

Morgan Stanley (NYSE: MS) announced today the issuance of a $1 billion social bond to support affordable housing projects, the latest step in the Firm’s ongoing strategy to advance market-based

COVID-19 has raised fresh concerns about Americans’ retirement preparations, with some saying the pandemic has permanently impacted their ability to save for retirement, according to the 2020 Wells

Morgan Stanley today announced the launch of Morgan Stanley HBCU Scholars, an integrated program to strategically engage with and support Historically Black Colleges and Universities (HBCU). The

Fifth Third Bank, National Association, announced today its second equity investment in Bellwether Enterprise Real Estate Capital, LLC (Bellwether Enterprise), the commercial and multifamily

Planning for college is an exciting moment in any student’s life and brings with it many important decisions. Students need to pick a school that is the right fit, determine a major that matches

Fifth Third Bank, National Association, has been named to the fourth annual Diversity Best Practices (DBP) Inclusion Index. The index helps organizations understand trends and gaps in demographic

The Board of Directors of Discover Financial Services declared a quarterly cash dividend of $0.44 per share of common stock payable on December 3, 2020, to holders of record at the close of

Morgan Stanley today announced an agreement to migrate the Barclays Global Stock and Rewards business to Shareworks by Morgan Stanley (Shareworks). The deal is expected to bring approximately 40

A recent Northern Trust survey, which polled 300 asset managers around the world including 30 percent from the Asia-Pacific region, highlighted an increasing trend for asset managers to outsource

American Express Company (NYSE: AXP) has declared the following dividends on the Company’s Series B and C Preferred Shares:

• 
  A quarterly dividend on the Company’s 5.200% Fixed Rate / Floating