Vladimir Vladimirov/Getty Images Buying your first home can be both exciting and scary. It will certainly be the biggest purchase of your life and the mortgage will likely be part of your monthly budget for many years. Although you can handle the process on your own, it can be much easier if you have people […]
Bank of America closes a Stockton Financial Center and a drive-thru ATM, one of many closures in California Important settings to prevent hackers from accessing your bank account Important settings to prevent hackers from accessing your bank account Kim Komando, for USA TODAY Bank of America will close its Stockton location at Park West Place […]
The Consumer Financial Protection Bureau (CFPB) has taken a clear position on the use of artificial intelligence (AI) in financial services: there are no exceptions to existing consumer protection laws for new technologies. In an August 12 comment letter to Treasury Secretary Janet Yellen, the CFPB outlined its approach to regulating AI and other new […]
Yesterday, the European gas price reached its highest level since mid-December at almost 43 euros per MWh. The price is still being driven by concerns about supply bottlenecks, says commodity analyst Barbara Lambrecht from Commerzbank. Prices likely to fall again if gas flows through Ukraine “If gas continues to flow through Ukraine – which people […]
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St. James’s Place has appointed Andy Ford as Head of Responsible Investment. He joins from Aviva Investors where he was Head of ESG Investment Directors. Sam Turner, who previously led the St James’s Place team, has taken on a broader role in the investment products team and will continue to lead the implementation of the […]
This comes as the country continues to experience a significant economic downturn, with exports lower than expected and household debt exceeding 90 percent of gross domestic product (GDP). In addition, a combination of geopolitical tensions and trade disputes have created a complex environment for businesses and consumers. The resulting strain on consumer spending and debt […]
New Delhi: Finance Minister Nirmala Sitharaman on Saturday asked banks to focus on their “core areas” of lending and deposit-taking. She expressed concern over weakness in lending and deposit-taking and urged them to strive for a balance between the two by replacing “old-fashioned” methods of collecting deposits with innovative and attractive schemes. Finance Minister Sitharaman […]
