Credit

Is Bank of America a Strong Buy Amid Market and Regulatory Changes?
Capital, Risk & Assets Is Bank of America a Strong Buy Amid Market and Regulatory Changes?

Bank of America Corporation (NYSE: BAC), one of the world's largest and most influential financial institutions, must navigate a complex and increasingly uncertain financial landscape. With over $3 trillion in assets and a market capitalization of $354 billion, the bank commands significant

January 8, 2025
Rising Credit Card Debt Among Americans Amid Inflation and High Rates
Capital, Risk & Assets Rising Credit Card Debt Among Americans Amid Inflation and High Rates

Credit card debt among American cardholders has surged to its highest level since March 2020, a stark reminder of the financial instability currently gripping the nation. According to a recent survey conducted by Bankrate, 50 percent of American credit cardholders now carry a balance from month to

January 8, 2025
Are FinTechs Changing the Game with Increased Ad Spend and Partnerships?
Trends & Future Are FinTechs Changing the Game with Increased Ad Spend and Partnerships?

The financial technology (FinTech) sector has seen a remarkable surge in advertising spending over the past few years. This trend is not just a fleeting phenomenon but a strategic move by FinTech companies to expand their customer bases and solidify their market presence. The increase in ad

January 7, 2025
Will Canada Extend Tax Credit Deadline for Charitable Donations?
Capital, Risk & Assets Will Canada Extend Tax Credit Deadline for Charitable Donations?

In the wake of a prolonged postal strike, local charities across Canada are grappling with significant financial challenges, a situation exacerbated by the disruption to mail deliveries during the crucial holiday donation period. The strike, which spanned from November 15 to December 17, stalled

December 30, 2024
Third Point Acquires Birch Grove to Boost Alternative Credit Strategies
Capital, Risk & Assets Third Point Acquires Birch Grove to Boost Alternative Credit Strategies

Third Point, an alternative investment manager with $12 billion in assets, has announced a definitive agreement to acquire AS Birch Grove LP, a diversified alternative credit fund manager. Founded in 1995 by CEO Daniel S. Loeb, Third Point focuses on event-driven investments in equities, venture

December 27, 2024
AI and Personalization in Fintech to Redefine Financial Services by 2025
Trends & Future AI and Personalization in Fintech to Redefine Financial Services by 2025

The fintech industry is on the brink of a significant transformation, driven by advancements in artificial intelligence (AI) and the increasing demand for personalized financial services. By 2025, these technologies are expected to redefine the financial landscape, offering consumers more tailored,

December 20, 2024
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