Browsing: Banking

Apple AAPL now has a high-yield savings account (at 4.15%) for its Apple Card customers. The account is provided in a partnership with Goldman Sachs. It…

A slew of regional banks of various asset sizes posted earnings this week. Even though many benefited from a rising interest rate environment, a number of…

The collapse of Silicon Valley Bank (SVB VB ) delivered a powerful lesson about the importance of marking assets to market. That lesson shouldn’t just apply…

OBSERVATIONS FROM THE FINTECH SNARK TANK Years after other developed countries have had real-time payments in place, they’re finally coming to America. The Federal Reserve recently…

I’ve got a problem with much of today’s bank marketing. Instead of building loyalty and differentiating the brand, too many initiatives are geared to acquiring new…

First Republic Bank’s stock price has plummeted 87% since March 8, when the market learned of Silicon Valley Bank’s impending demise. This is not just a…

Few things inspire less confidence in investors and analysts than to tell us that you will not be giving earnings guidance about the future and that…

Topline In its report on March’s failure of Silicon Valley Bank released Friday, the Federal Reserve pointed a finger at social media’s influence on the crisis…

Silicon Valley Bank had serious problems with compliance and internal controls since 2016, according to a new Federal Reserve report, and not only did the bank’s…

Oil demand has held up remarkably well despite many continuing to work from home post-COVID. Gasoline demand in the US rose by 1.7% last week and…