Bank of America

Deposits rose recently at Ally, Goldman Sachs’s Marcus and Capital One, banks that either don’t have branch networks or have far fewer branches than peers. Deposits rose recently at Ally, Goldman Sachs’s Marcus and Capital One, banks that either don’t have branch networks or have far fewer branches than peers. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is…

The online retailer ClickBank shut down sites boosting “Trump Bucks,” which promoted a fabricated currency that would allegedly earn subscribers thousands of dollars if Donald Trump is elected in the 2024 presidential election. An investigation conducted by NBC News revealed several Colorado-based companies had created the scam which promised prospective investors of a get-rich-quick scheme if the former president was reelected.William Shatner on Jeff BezosThe companies reportedly advertised what werecalled “Trump Bucks”…

Businesses face proposals on abortion, guns and climate change as groups with various viewpoints strive to get their agendas heard at this year’s annual meetings. Businesses face proposals on abortion, guns and climate change as groups with various viewpoints strive to get their agendas heard at this year’s annual meetings. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the…

Photo: Michael M. Santiago (Getty Images)Robinhood App Lays Off 9% of StaffArtificial Intelligence-powered tools, such as ChatGPT, have the potential to revolutionize the efficiency, effectiveness and speed of the work humans do. And this is true in financial markets as much as in sectors like health care, manufacturing and pretty much every other aspect of our lives.I’ve been researching financial markets and algorithmic trading for 14 years. While AI offers lots of benefits, the growing use of these technologies in…

So far in the 2023 proxy season, shareholder activists have shown more bark than bite. At companies including Walt Disney Co. , Salesforce Inc. and Bath & Body Works Inc., big-name activists have prepared to battle for board seats, only to quickly agree to truces. So far in the 2023 proxy season, shareholder activists have shown more bark than bite. At companies including Walt Disney Co. , Salesforce Inc. and Bath & Body Works Inc., big-name activists have…

This story was originally published by Grist. Sign up for Grist’s weekly newsletter here.A Transformer Is Headed to the MoonFossil fuel projects require money — and that money is coming from the world’s top private banks, including many with net-zero climate pledges. That’s according to a new report from the Rainforest Action Network, which looked at the major financial institutions funding oil and gas infrastructure since the 2015 Paris Agreement.“Banks and financial institutions need to be held accountable for their…

If we’ve learned one thing from years of hacks and phishing, it’s this: A username and a password alone aren’t strong enough to protect our most precious accounts. So why don’t our bank apps require us to pile on extra security settings? If we’ve learned one thing from years of hacks and phishing, it’s this: A username and a password alone aren’t strong enough to protect our most precious accounts. So why don’t our bank apps require us to pile on extra security settings?…

South Korea's SK Hynix has raised $1.7 billion in its first convertible bond sale in a decade, as the world's second-largest memory chipmaker braces for deepening quarterly losses, hit by a sharp downturn in global semiconductor demand. The financing, the first such deal by the firm since it was acquired by energy to telecoms conglomerate SK Group in 2012, follows a rare $15.2 billion financing deal by cash-rich Samsung Electronics in February. SK Hynix said in a regulatory filing on Tuesday that the proceeds of the bond…

A lot of discussion right now is about the bonds that American banks hold. There should be more about the bonds they issue, too. For some, taking on more debt could have been helpful. One tidbit from lawmakers’ grilling of regulators should catch investors’ attention: a proposal to expand a requirement for issuing long-term debt. Today this debt requirement applies only to megabanks with over $700 billion in assets, the likes of JPMorgan Chase or…

Bank of America Corp's digital personal finance tool, Life Plan, has attracted more than $55 billion in new money since its launch in late 2020, as customers use technology to set financial goals. Life Plan, which has more than 10 million users, enables customers to set goals such as saving for a vacation or college or to build a retirement fund. The tool has gained popularity as consumers increasingly use apps for managing payments, budgeting and shopping. BofA's app allows customers to move money around their bank and…