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Banking & Finance | Texas
Bank of America releases its Q3-23 report
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Bank of America released its Q3-2023 financial results, revealing a 10% increase in net income to $7.8 billion, equating to $0.90 per diluted share, compared to $7.1 billion, or $0.81 per diluted share in Q3-22 according to the Q3-2023 Report provided by Bank of America.
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Fidelity Investments Q2 2023 retirement analysis shows increase in retirement account balances for third consecutive quarter
On Aug. 17, Fidelity Investments released a Q2 2023 retirement analysis showing a successive quarterly growth in retirement account balances. The analysis, which studied more than 45 million IRA, 401(k), and 403(b) retirement accounts, reported substantial growth in 401(k) balances, with a notable 66% increase among Gen Z workers compared to Q2 2022 and young investors also observed a 34.4% year-over-year surge in IRA accounts.
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News
Richardson: Health systems must be ‘accountable for health improvement and equitable care’
A business unit of the financial company JPMorgan Chase is advocating for improved employer-sponsored healthcare.
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Technology
Visa and Partners Develop Programmable Finance Platform for SMEs in Brazil
Visa announced that the company participated in the recent LIFT Challenge to explore blockchain-based applications for Brazil’s central bank-issued digital currency (CBDC), the Real Digital.
Visa announced that the company participated in the recent LIFT Challenge to explore blockchain-based applications for Brazil’s central bank-issued digital currency (CBDC), the Real Digital.
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News
Randall: 'Corporate treasuries and finance teams are focused on improving liquidity and working capital management'
Citi's Treasury and Trade Solutions expanded its partnership with Treasury Intelligence Solutions, which specializes in cloud-native cashflow and payment solutions.
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Events
Discount Tire acquires 35 acres in Phoenix to develop new corporate headquarters: 'One of Arizona’s greatest business success stories'
Discount Tire has announced plans to develop a new corporate headquarters after the purchase of 35 acres near Loop 101 and State Route 51.
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Technology
AT&T CEO on Arizona cable plant: 'This investment is a significant step forward for our country and building world-class broadband networks'
Corning Inc. announced Friday, Aug. 30, it plans to build a new optical cable manufacturing facility in Gilbert, Arizona, with the support of AT&T, according to a news release from the company.