Tag: Featured

Capital and Risk, Macroeconomic

Biden: ‘My Effort to Combat Climate Change Is Not Raising the Price of Gas’; Sen. Toomey: ‘Unbelievable’

November 24, 2021


President Biden on Tuesday took credit for the supposed strength of the U.S. economy — “the strongest economic recovery in the world,” he called it. But he also said don’t blame him for the “painful” spike in gasoline prices. Higher […]


Global digital payments growth in the pandemic and beyond

November 23, 2021

Via: FinTech Futures

As a result, we saw an overwhelming upwards trajectory of real-time payment volumes across the world. Recent research has revealed that in Europe alone there were 7.9 billion real-time transactions made, accounting for a staggering $8,317 billion in 2020. And […]

Capital and Risk, Insurance, Regulations

Biden’s Proposed Inflation Cap on Drug Prices Includes Privately Insurance Plans

November 22, 2021

Via: Insurance Journal

Workers and families with private health insurance would reap savings on prescription drugs from a little-noticed provision in President Joe Biden’s sweeping social agenda bill. It’s meant to break the cycle of annual price increases for widely used medicines. That […]

Activity, Retail Banking

UBS nominates ex-Morgan Stanley No. 2 Kelleher as next chair

November 22, 2021

Via: Banking Dive

UBS on Saturday nominated former Morgan Stanley President Colm Kelleher to become its next chairman — a move that could be solidified through a vote at the Swiss bank’s annual shareholder meeting April 6. The bank — the world’s largest […]

Capital and Risk, Credit

CFPB Report Finds Disparity in Number of Credit Report Disputes in Black and Hispanic Neighborhoods

November 22, 2021

Via: JD Supra

The CFPB recently released a report on Consumer Credit Disputes finding that consumers in majority Black and Hispanic neighborhoods had a disproportionally higher amount of disputes on their credit reports. The report indicates that this trend was across several credit […]

Activity, Investment Banking

Why Digital Assets Will Become Integral to Corporate Treasury Management

November 18, 2021

Via: TechBullion

Discussions of cryptocurrency and decentralized finance typically revolve around trends relating to retail investors. However, recent data suggests that institutions are beginning to invest in digital assets in multiple forms, not least of which is their significant investments into financial […]

Capital and Risk, Trading

3 Top Dividend Stocks to Buy With $1,000

November 16, 2021

Via: Yahoo

When assessing income-generating stocks, one important thing to note is the yield, which measures the percentage the company pays out in dividends in relation to its stock price. As you analyze, you might come upon an expensive stock with a […]

Capital and Risk, Liquidity

US Dollar Upside Maintained Amid Retail Sales Beat

November 16, 2021

Via: DailyFX

Another firm set of retail sales figures with a beat across the board. Meanwhile, revisions to the prior month’s report were slightly mixed, however, US retail sales nonetheless remain robust. Most notably, the retail sales control group figure rose 1.6% […]

Activity, Corporate Banking

U.S. Bancorp to Acquire TravelBank, an All-in-One Expense and Travel Management Solution

November 16, 2021

Via: Yahoo

U.S. Bancorp, the parent company of U.S. Bank, has entered into an agreement to acquire TravelBank, a San Francisco-based fintech company that provides an all-in-one, tech-driven expense and travel management solution. TravelBank is easy to use for employees and helps […]

Capital and Risk, Macroeconomic

Treasury Secretary Yellen: ‘The Cause of This Inflation Is the Pandemic’

November 15, 2021


Don’t blame inflation on Washington’s multi-trillion spending spree: “I think it’s important to realize that the cause of this inflation is the pandemic,” Treasury Secretary Janet Yellen told CBS’s “Face the Nation.” “The pandemic has been calling the shots for […]