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Bank of America Corp
Bankinnovation· 26 Sep 2020

Weekly Wrap: The rise of contactless payments and Bank of America breaks patent records

Share Contactless payments are here to stay in the post-COVID world, according to recent data from Amex, but cash’s staying power may hinder banks from fully realizing the efficiencies of digitized payments. Meanwhile, Bank of America filed a record 415 patent applications during the first half of 2020, with a clear focus on AI and …Read More Start Your Free Week Trial Today! Subscribe now to start your free trial and continue reading.

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Citigroup Inc
Bloomberg Law· 26 Sep 2020

Citi Hires Morgan Stanley’s Okpara as Chief Accounting Officer

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  • Citigroup Inc
  • Morgan Stanley
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Wells Fargo & Co
QuoteMedia· 26 Sep 2020

Wells Fargo Multi-Sector Income Fund declares $0.09336 dividend

September 25, 2020 - 4:25 PM EDT close Email this News Article Your Name Your Email Friend's Name Friend's Email Receive Copy: yes Wells Fargo Multi-Sector Income Fund declares $0.09336 dividend Wells Fargo Multi-Sector Income Fund (ERC) declares $0.09336/share monthly dividend, -0.5% decrease from prior dividend of $0.0939.Forward yield 10.41%Payable Nov.

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Wells Fargo & Co
QuoteMedia· 26 Sep 2020

Wells Fargo Advantage Income Opportunities Fund declares $0.05648 dividend

September 25, 2020 - 4:24 PM EDT close Email this News Article Your Name Your Email Friend's Name Friend's Email Receive Copy: yes Wells Fargo Advantage Income Opportunities Fund declares $0.05648 dividend Wells Fargo Advantage Income Opportunities Fund (EAD) declares $0.05648/share monthly dividend, -0.3% decrease from prior dividend of $0.05668.Forward yield 9.34%Payable Nov.

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Wells Fargo & Co
QuoteMedia· 26 Sep 2020

Wells Fargo Advantage Utilities&High Income Fund declares $0.072 dividend

September 25, 2020 - 4:25 PM EDT close Email this News Article Your Name Your Email Friend's Name Friend's Email Receive Copy: yes Wells Fargo Advantage Utilities&High Income Fund declares $0.072 dividend Wells Fargo Advantage Utilities&High Income Fund (ERH) declares $0.072/share monthly dividend, -0.5% decrease from prior dividend of $0.07233.Forward yield 7.35%Payable Nov.

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Apple Inc.
MSN Australia· 26 Sep 2020

3 reasons why the recent sell-off in Apple creates a 'compelling entry point' ahead of the iPhone 12 launch, Morgan Stanley says

© Danny Lawson/PA Images via Getty Images 3 reasons why the recent sell-off in Apple creates a 'compelling entry point' ahead of the iPhone 12 launch, Morgan Stanley says Investors should take advantage of the recent sell-off in shares of Apple, as it provides a "compelling entry point" ahead of its upcoming iPhone 12 launch, Morgan Stanley said on Friday.

  • Apple Inc.
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Wells Fargo & Co
Yahoo· 26 Sep 2020

Wells Fargo Closed-End Funds Declare Monthly Distributions

TipRanks Markets are volatile, there can be no doubt. So far this month, the S&P 500 has fallen 9% from its peak. The tech-heavy NASDAQ, which had led the gainers all summer, is now leading the on the fall, having lost 11% since September 2.

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Wells Fargo & Co
Seeking Alpha· 26 Sep 2020

Wells Fargo Advantage Utilities&High Income Fund declares $0.072 dividend (NYSEMKT:ERH)

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Wells Fargo & Co
Seeking Alpha· 26 Sep 2020

Wells Fargo Multi-Sector Income Fund declares $0.09336 dividend (NYSEMKT:ERC)

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Wells Fargo & Co
Seeking Alpha· 26 Sep 2020

Wells Fargo Advantage Income Opportunities Fund declares $0.05648 dividend (NYSEMKT:EAD)

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BNY Mellon Corp
Yahoo· 26 Sep 2020

OneCoin investors accuse BNY Mellon of playing role in $4 billion Ponzi scheme

The Bank of New York Mellon (BNY Mellon) is being taken to court over its alleged involvement in the $4 billion Ponzi scheme OneCoin, according to court documents published by CoinDesk earlier today. The class-action lawsuit has been amended by investors Donald Berdeaux and Christine Grablis to include the major U.S. bank.

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Citigroup Inc
MarketScreener· 26 Sep 2020

Citigroup : Says Okpara to Become Controller, Accounting Chief

By Stephen Nakrosis Citigroup Inc. on Friday said Jeff Walsh would retire as interim controller and chief accounting officer and named Johnbull Okpara as his successor. Citigroup said Mr. Okpara has been Managing Director, Global Head of Financial Planning and Analysis and Chief Financial Officer, Infrastructure Groups at Morgan Stanley since 2016.

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Citigroup Inc
Seeking Alpha· 26 Sep 2020

KLAC and LRCX top, while AMKR and OLED bottom Citi Analyst's semiconductor rankings (NASDAQ:KLAC)

Take a look at KLA's sector-relative growth here . Marvel (MRVL +0.3% ) ranked third on multiple expansion potential from 5G and cloud data center growth, while KLAC and LRCX were picked on front-end 5G equipment.

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Citigroup Inc
Boardintelligence· 26 Sep 2020

A Board Interview with Sir Win Bischoff of JP Morgan Securities PLC

Sir Win Bischoff is Chairman of the Financial Reporting Council and JP Morgan Securities plc (the main European holding company). Sir Win has also been Chief Executive and Chairman of Schroders, Chairman of Lloyds Banking Group and Citigroup Inc in New York, and a Non-Executive Director at Land Securities and Prudential.

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Citigroup Inc
Boardintelligence· 26 Sep 2020

“Confident chairs aren’t afraid to tell management ‘You’re not providing information, just numbers’” — 60 Seconds With Glen Moreno

Glen Moreno is a director and former CEO of Fidelity International. He was previously chair of Virgin Money and Pearson, as well as deputy chair of Lloyds Banking Group and the Financial Reporting Council. Glen spent his early career at Citigroup, where he held senior positions in Europe and Asia and was a member of the group’s Policy Committee.

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JPMorgan Chase & Co.
Investmentnews· 25 Sep 2020

Diversity is a ‘need to have’: Eric Tepper, CEO of JPMorgan Chase wealth management

JPMorgan Chase’s wealth management division is making moves to ramp up diversity and inclusion among its leadership team with the addition of four regional directors to oversee the bank’s 3,700 advisers over 5,000 branches across the country.

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BNY Mellon Corp
Pymnts· 25 Sep 2020

Today In Digital-First Banking: NY-Based FinTech Petal Notches $55M; BNY Mellon, GTreasury Collaborate For Cash Management

In today’s top news in digital-first banking, New York-based FinTech Petal has landed an additional $55 million, while BNY Mellon announced a collaboration with GTreasury for cash management. Plus, small and medium-sized businesses (SMBs) are reporting challenges with the forgiveness section of the Paycheck Protection Program (PPP).

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Wells Fargo & Co
Morningstar· 25 Sep 2020

Susan L. Taylor to Serve as Keynote Speaker at UNCF Virtual Maya Angelou Women Who Lead Luncheon Presented by Wells Fargo and Honoring Black Sorority Presidents

Charlotte, NC, Sept. 25, 2020 (GLOBE NEWSWIRE) -- The 18th annual UNCF Maya Angelou Women Who Lead Luncheon is moving online this year, set for 12 p.m., Saturday, Sept. 26. The virtual event will feature various speakers, an awards presentation, a heartwarming tribute to Dr. Maya Angelou, followed by a cannot-miss live social hour showcasing the highly acclaimed “HATitude” competition, celebrity appearances and more.

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American Express Company
Whoscored· 25 Sep 2020

Premier League team news and prediction: Brighton vs Man Utd

Gameweek three of the Premier League starts with Brighton taking on Manchester United at the Amex Stadium in Saturday's early kick off. This weekend's ...

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Wells Fargo & Co
Seeking Alpha· 25 Sep 2020

Scripps up another 5.6% after ION deal; Wells Fargo expects strong accretion (NASDAQ:SSP)

E.W. Scripps (SSP +5.6% ) is riding higher for a second day after making a transformative deal to buy ION Media for $2.65B, and Wells Fargo is reacting positively. The bank reiterated its Overweight rating, expecting strong accretion from the deal - it sees 50% free cash flow accretion for calendar 2021-2022.

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Morgan Stanley
Hellenic Shipping News· 25 Sep 2020

Iron-ore seen lower at $100/ ton in Q4 – Morgan Stanley

Iron-ore seen lower at $100/ ton in Q4 – Morgan Stanley Analysts at Morgan Stanley offered a bearish outlook on iron-ore prices over the next 12 months, in its latest client note.

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BNY Mellon Corp
Asset Servicing Times· 25 Sep 2020

Ohio DC selects BNY Mellon as custodian

Ohio Public Employees Deferred Compensation (Ohio DC), a public, non-profit organisation created by Ohio legislation, has selected BNY Mellon as custodian. A source has confirmed that Ohio DC is working to stay on track with the schedule noted in the request for proposal and has notified BNY Mellon of the board’s selection.

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Bank of America Corp
Reuters· 25 Sep 2020

Bank of America issues $2 billion bond to promote racial equality

Sept 25 (Reuters) - Bank of America Corp said on Friday it was issuing a $2-billion bond, where a portion of the proceeds will be used for the financial empowerment of Black and Hispanic-Latino communities. This is the bank's eighth environment, social and governance factors (ESG) themed corporate bond and the first of its kind aimed at advancing racial equality, the bank said here&u=urn:newsml:reuters.com:20200925:nBw22Gzzfa.

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U.S. Bancorp
StarTribune· 25 Sep 2020

U.S. Bank reveals targets for reopening Minneapolis branches damaged in riots

U.S. Bank will rebuild two of its three Minneapolis branches destroyed in riots in late May at their current locations, and will donate land at the third site for a nonprofit organization to redevelop while building a new branch nearby.

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Bank of America Corp
Morningstar· 25 Sep 2020

Bank of America Issues $2 Billion Sustainability Bond

By Dave Sebastian Bank of America Corp. said it has issued a $2 billion sustainability bond with a focus on racial equality, economic opportunity and the environment. The bank said part of the bond's proceeds will go toward supporting financial-empowerment efforts for Black and Hispanic-Latino communities.

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