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for its Legacy program alumni. The news was announced through a short film spotlighting the power of coaches in young athletes lives. Furthering adidas’ commitment to drive lasting change, the scholarships aim to help remove barriers for underrepresented Black and LatinX youth providing them with resources to progress in their education. The adidas Legacy program is a basketball platform and long-term commitment to 27 high schools and 810 student athletes from underrepresented communities across New York, Los Angeles, and Chicago. The program provides resources for trainin...

RBC forms team in global markets group for private capital push Kevin Orland, Bloomberg News VIDEO SIGN OUT Royal Bank of Canada is forming a new unit within its global markets group to bolster its push into private financing transactions, structured products and alternative investments. The new Alternative & Private Capital Solutions unit, located within RBC’s global markets group, will be led by Rehana Kassam and Steven Andrews, according to an internal memo Thursday from Jonathan Hunter, head of global markets. Kassam and Andrews will report to Michelle Neal, head of RBC’...