As the world grows ever more connected, access to financial tools has expanded dramatically. Today, 79% of adults worldwide have a bank account, an increase from 51% in 2011. This is a remarkable gain.
Legg Mason is one of the world’s largest asset management firms. We have a local presence around the globe serving individual and institutional investors across six continents. We strive to be responsible global company in the asset management business that, through investing, meaningfully impacts the lives of all the constituencies with whom we interact.
Morgan Stanley Private Bank, National Association, a national bank subsidiary of Morgan Stanley, has been recognized with the highest rating from the Office of the Comptroller of the Currency (OCC) for its excellent record in meeting the needs of the communities it serves. The OCC evaluation notes that Morgan Stanley Private Bank, National Association significantly exceeded its CRA strategic plan goals for excellent community development services and that its community development lending had a significantly positive impact in part because it was responsive to community development needs.
According to the report, among the biggest obstacles to giving is affordability, and about 1 in 8 Americans surveyed said it’s because they “can’t give enough to make a difference.”
In Business magazine recognized the nonprofit Leonardo Academy with a “Best Companies to Work For” award on October 21st. Leonardo Academy, The Sustainability Experts®, works to advance sustainability on a local, national, and global scale. The “Best Companies to Work For” competition recognizes organizations for employee benefits that create attractive workplace cultures. Leonardo Academy was the winner and top scorer in the small company category.
VEDC and JPMorgan Chase & Co. today announced a new lending program for African American-owned small businesses in New York City, Chicago and Los Angeles. The National African American Small Business Loan Fund will boost economic opportunity for minority-owned businesses in these cities and help them serve low-income communities by providing them with greater access to capital, technical assistance and financial consulting.
Everyone’s financial journey is different. We make intentional efforts to meet the individual needs of clients and communities through a diverse range...
Highlighting the top news, commentary, and research for the week coming from SHQ. The highlights newsletter also spotlights one profiled organization...