Banking

The US dollar (DX=F) is heading lower, something strategists have been predicting for days in light of this week's inflation print. Following the most recent Consumer Price Index reading, the dollar continued to lose ground on Thursday…

The highest bank deposit rates in fifteen years are now available. In light of their impending second-quarter results, that is excellent news for savers but poor news for lenders. US Banks Compete For Customers After the upheaval that…

It shouldn't be difficult to receive the appropriate number of incentives for applying for a credit card.  And to be honest, most customers don't anticipate being charged twice for the same mistake. Or prepare for a bank employee to open…

Bank of America pledges over $500 million in equity investments to support diverse entrepreneurs through minority- and women-led fund managers. According to Tram Nguyen, Bank of America's global head of strategic and sustainable…

PacWest, a lender based in Los Angeles, was trading over 7% lower, while Western Alliance was about 5% lower. The day after the Fed's most recent loan survey, US regional banks continued to lose ground on Tuesday, with Western Alliance…

Since March, a total of three local banks have closed their doors, the most recent one being First Republic Bank in San Francisco. It ranks second in terms of the size of a bank failure in American history, trailing only Washington…

The Federal Deposit Insurance Corporation wants to raise business payment account deposit insurance limits after three recent bank collapses. Each account holder is entitled to $250,000 in FDIC insurance. However, the government…

The Australian government is still pursuing more than 140,000 former low-income students who traded away their right to welfare benefits under a loan program more than 20 years ago for $2 billion in debt. In order to qualify for the…