2021 was a big year for IPOs. With almost 1,500 companies listing around the world, the number of IPOs nearly doubled in 2021 compared to the year before. The amount of capital raised surpassed $525 billion.
Eight years after one of the most controversial initial public offerings of the decade, let’s revisit the Royal Mail IPO. The price of the Royal Mail stock (LON: RMG) skyrocketed shortly after it had begun trading on the London Stock Exchange. For months and years, the company was deemed undervalued and its IPO stock price a bargain.
Bank of America today announced it has established an ESG-themed Issuance Framework (the “Framework”) to further enhance its issuances of green, social, and sustainability bonds and other ESG securities by Bank of America Corporation or any of its subsidiaries.
For the fifth year, Fortune has named Bank of America to its “Change the World” list. Bank of America was recognized as the top global bank for its leadership in raising the U.S. minimum wage to $25 per hour by 2025 as well as investing $425 million on temporary, pandemic-era child and adult care reimbursements.
Bank of America digital leadership in consumer banking has been further solidified via various awards and recognitions throughout 2021, including No. 1 rankings from J.D. Power in customer satisfaction among national banks for both online banking and mobile banking apps.
Bank of America’s senior management team will include individuals with an average of 21 years of service in the company and 31 years in the financial services industry, with increased global and international expertise; and more diversity of gender and race than ever before in the company’s history.
Welcome to #DisruptionBanking—a Digital StartUp platform dedicated to new age banking, financial technology and the emerging markets between them. Join our global readership to keep up to date with the latest business, tech and partnership models.