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FCA review finds evidence of growing competition in retail banking

FCA | Release | Jan 20, 2022 Greater competition in retail banking is driving choice and lower prices for consumers and small businesses, despite the financial impact of the pandemic. In an update to its 2018 strategic review of retail banking, the FCA found that, while still strong, there are signs large banks’ historic advantages


The post FCA review finds evidence of growing competition in retail banking first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago

Here's why stocks are on such shaky ground to start January

It was a wild day for stocks on Monday, adding to the market's shaky start to 2022.

3 years ago

Cramer says selling not done for tech stocks trading at high multiples to sales: 'Those have had it'

"Tomorrow you got to do some selling...if you own stocks that are selling at a multiple to sales...those have had it," said Cramer.

3 years ago

Top Wall Street analysts are bullish on these stocks heading into earnings

TipRanks analyst ranking service pinpoints Wall Street's best performing stocks, like Tesla and Amazon.

3 years ago

'We can already feel the pinch.' Families aren't getting child tax credit checks for the first time in 6 months

The enhanced child tax credit abruptly ended in December after Democrats failed to pass the Build Back Better agenda. Families are feeling the loss.

3 years ago

Icahn gets two directors appointed to auto machinery firm Dana. Here’s what may be ahead for investors

Icahn Capital’s Brett Icahn and Gary Hu have joined the board of Dana Inc. The firm is no stranger to the automotive market.

3 years ago

Navient is forgiving the student debt of 66,000 borrowers. How to know if you're one of them

When news broke that one of the largest student loan servicers was erasing the debt for thousands of borrowers, many asked: "Am I one of them?" It's unlikely.

3 years ago

Companies raise perks to repay employees’ student loans

Employers are looking for creative ways to attract skilled talent. One approach: student loan assistance programs to help workers pay off college debt.

3 years ago

Boom times are back on Wall Street as some Goldman partners mint $15 million pay packages

Pay is up everywhere you look on Wall Street, from lowly first-year bankers to partners and top executives.

3 years ago

Taxes on stock trades may surprise new investors

The tax treatment of "meme stocks" such as AMC, GameStop and others may surprise new, younger investors this filing season.

3 years ago

U.S. banks close record number of retail branches in 2021, Wells Fargo shutters most

U.S. banks closed a record number of retail branches in 2021 as customers increasingly turn to digital banking and the industry consolidates.

3 years ago

The Triple Bottom Line & Social Responsibility

The Triple Bottom Line is a concept that has become more prevalent over the past few years. Broken down into “Three Ps”, profit, people, and planet, it measures a businesses’ capability to maximize return for shareholders while focusing on social … Continue reading

3 years ago

Cramer says Netflix's plunge shouldn't scare investors about the overall market

"If we're selling because Netflix ... most of the companies aren't Netflix," The "Mad Money" host said Friday.

3 years ago

Biden's $15 minimum wage hike for federal agencies is now in effect

Federal agencies were told on Friday to raise the minimum wage to $15 for workers, according to a memo from the Office of Personnel Management.

3 years ago

A lasting stock market downturn can be a big problem early in your retirement. How to combat that risk

In the early years of retirement, prolonged market pullbacks can have long-term repercussions for retirees who are withdrawing from their stock portfolio.

3 years ago