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A service for banking industry professionals · Friday, November 8, 2024 · 759,061,462 Articles · 3+ Million Readers
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  • Published on Nov 4, 2024

    Mitigate Large-Cap Concentration Risk With CPSL

    In recent years, megacap tech stocks have often been the obvious choice for equity investors seeking long-term capital appreciation. Driven in part by momentum in the AI industry, large tech companies such as NVIDIA, Microsoft, and Apple have seen …

    Source: ETF Trends - Neutral
  • Published on Nov 4, 2024

    The End of the Whole-of-Government Approach?

    Let me tell you about the McFlurry machines. The ice cream makers at McDonald’s are so notoriously unreliable that a website called McBroken tracks which ones are functioning across the country. One company, Taylor Commercial Foodservice LLC, manufactures …

    Source: The American Prospect - Washington D.C. - Left-wing
  • Published on Nov 6, 2024

    With a Fed Rate Cut Looming Thursday, Grab This 5.50% CD Before It Disappears

    Key Takeaways The Federal Reserve is overwhelmingly expected to announce another quarter-point rate cut Thursday afternoon. That will push savings and CD rates lower—making now a smart time to secure one of today's best CD rates before they evaporate. …

    Source: Investopedia - Label Pending
  • Published on Nov 5, 2024

    Dave Announces Preliminary Financial Results for Third Quarter 2024 and Issues Statement Regarding FTC Matter

    LOS ANGELES, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation’s leading neobanks, today announced certain preliminary financial results for the quarter ended September 30, 2024. Preliminary Financial …

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  • Published on Oct 25, 2024

    Get CD Rates up to 4.15% APY* with American Savings Bank

    * The 4.15% Annual Percentage Yield (APY) for a 5-month term is accurate as of October 18, 2024. Must be a Deluxe or Private Banking customer at the time of account opening to obtain the promotional APY; otherwise, rate is 4.05% APY. The minimum balance …

    Source: Hawaii News Now - Neutral
  • Published on 20:44 GMT

    Trump win unlikely to stop the crackdown on baas and fintech

    The years-long regulatory clampdown on relationships between banks and fintechs picked up after the collapse of baas middleman Synapse, and it's unlikely to let up, even with a new Administration taking over in January, leaders in banking as a service …

    Source: American Banker - New York - Neutral
  • Published on 22:31 GMT

    FBI finds $8.3M in cryptocurrency account in Cayman Islands

    WICHITA, KS - The Federal Bureau of Investigation (FBI) has recovered over $8 million in embezzled funds by a bank CEO, leaving dozens of people crying tears of relief. According to Fortune, in August, former Kansas bank CEO Shan Hanes was sentenced to 24 …

    Source: Law Enforcement Today - Label Pending
  • Published on 19:54 GMT

    The CFPB in 2025: What to Expect Following the Election

    Background 2024 has been an eventful year for the CFPB. As we detailed in June, the CFPB survived its second constitutional challenge at the Supreme Court in CFSA v. CFPB, and “[n]ewly emboldened, the CFPB’s already robust policy agenda is only expanding.” …

    Source: JD Supra - Label Pending
  • Published on 20:12 GMT

    Local Builders Expand Housing on Peninsula

    Three new apartment buildings are under construction on East Melody Lane in Port Angeles, delivering 27 new rental units when complete. The project is being developed by local builders Andy Hines, of Hines Homes, and Tony Cortani of Tim’s Custom Cabinets, …

    Source: Port Townsend Leader - Washington - Label Pending
  • Published on 11:59 GMT

    CD rates today, November 8, 2024; APYs continue to fall after Fed rate drop

    If you’re seeking to increase your savings and don’t mind locking your funds away to earn a higher interest rate than a standard savings account, a certificate of deposit (CD) may be a suitable option. CD rates are currently high, with many offering near …

    Source: Fortune - Neutral
  • Published on 11:14 GMT

    Savings interest rates today, November 8, 2024 (up to 5.05% APY return)

    Between March 2022 and July 2023, the Federal Reserve raised its benchmark rate 11 times. As a result, savings interest rates rose sharply. However, in September, the Fed decided to cut its benchmark rate and deposit rates have begun falling as a result. …

    Source: Yahoo News - Label Pending
  • Published on 10:17 GMT

    2 Reasons Money Market Accounts Are Worth It -- Even After Fed Rate Cuts

    The personal finance world (including yours truly) held its collective breath on Sept. 18 as we waited for the verdict from the Federal Reserve. We knew we'd get some kind of benchmark interest rate cut, but we weren't sure how much it would be. …

    Source: myMotherLode - Label Pending
  • Published on 03:18 GMT

    Associated Banc-Corp Decreases Prime Rate

    (MENAFN- PR Newswire) GREEN BAY, Wis., Nov. 7, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB ), the holding company for Associated Bank, N.A., announced today it has decreased the bank's prime rate from 8.00% percent to 7.75% percent, …

    Source: MENAFN - Uncategorized
  • Published on Nov 7, 2024

    The 10 best business savings accounts for November 2024

    Small businesses looking to make passive revenue on reserve funds should consider opening a business savings account. The best business savings accounts should earn a strong interest yield while also allowing you the liquidity to access your funds in an …

    Source: Fortune - Neutral
  • Published on Nov 7, 2024

    Life Savings of an Entire Small Town Recovered from the Depths of a Cryto-Scam by FBI

    FBI building, Washington – CC 2.0 Ajay Suresh A Wichita courtroom rang out with sobs and cheers when over two dozen people learned that their life savings had been recovered after being lost by a local bank. Over $8 million in children’s university funds, …

    Source: Good News Network - Neutral
  • Published on Nov 7, 2024

    Oil is unlikely to be a good investment

    When we think about solving climate change, sometimes the specter of oil’s dominance in our economy can seem overwhelming. But what if the production of oil and methane gas – commonly called natural gas – aren’t quite the dominant businesses they once were …

    Source: Yale Climate Connections - Connecticut - Neutral
  • Published on Nov 7, 2024

    CD rates today, November 7, 2024; get a rate up to 5.25%

    If you’d like to build your savings and don’t mind having your money locked up to earn a higher interest rate than a typical savings account, a certificate of deposit (CD) could be for you. CD rates are currently quite high compared to recent years, though …

    Source: Fortune - Neutral
  • Published on Nov 7, 2024

    KEYCORP PRESENTATION AT THE BANCANALYSTS ASSOCIATION OF BOSTON CONFERENCE CANCELED

    (MENAFN- PR Newswire) CLEVELAND, Nov. 7, 2024 /PRNewswire/ -- KeyCorp (NYSE: KEY ) announced today the cancellation of its presentation and webcast at the BancAnalysts Association of Boston Conference, originally scheduled to take place tomorrow, …

    Source: MENAFN - Uncategorized
  • Published on Nov 6, 2024

    What Trump Means For Fintech

    Trump's win will have important consequences for the fintech industry. AP Photo/Evan Vucci Donald Trump’s presidential victory and Republicans’ gains in Congress will undoubtedly have implications for the financial technology industry. Forbes spoke …

    Source: Forbes - Neutral

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