Savings Banks

News

NatWest CEO to face UK lawmakers on savings rates after U-turn - Reuters
Reuters

NatWest <a href="https://www.reuters.com/companies/NWG.L" target="_blank">(NWG.L)</a> CEO Alison Rose will face a grilling by British lawmakers next Tuesday over whether lenders are passing on enough of central bank interest rate rises to consumers, after ini… more…

Republicans aren’t going to tell Americans the real cause of our $31tn debt | Robert Reich
The Guardian

The rich used to pay taxes. Now they loan money to the US government – at a profit that everyone else pays forThe dire warnings of fiscal hawks are once again darkening the skies of official Washington.They’re demanding that the $31.4tn federal debt be reduce… more…

NatWest taking ‘pretty hard line’ on crypto in fraud clampdown; UK house prices ‘stable in January’ – business live
The Guardian

Dame Alison Rose, the head of NatWest, tells MPs her bank is preventing customers from investing in crypto assets, as part of a crackdown on fraud.Danny Blanchflower, a former Bank of England policy maker, has predicted that “collapsing” house prices will pus… more…

4 key reasons why you should open and have a savings account
Business Insider

Discover the key reasons why you should open a savings account and have a savings account incorporated into your budget. more…

Banks can cash in on gamification for customers, if it's done carefully
Insiderintelligence.com

Financial institutions are using gamification to attract new customers and teach financial literacy. But they need to know about its side effects. more…

13 Best High-interest CDs and Savings Accounts Today: Earn Up to 4.50% APY on a 6-Month CD
Business Insider

The average 6-month CD pays 0.81% APY. Insider's list includes the best high-interest CDs and savings accounts today. more…

14 Best High-Interest CDs and Savings Accounts Today: 5-Year CDs paying up to 4.55% APY
Business Insider

The average 5-year CD pays 1.21% APY, according to the FDIC. Our list has the highest savings and CD rates today. more…

15 Best High-Interest CDs and Savings Accounts Today: 1-Year CDs paying up to 4.85% APY
Business Insider

Primis Bank, MySavingsDirect, and Popular Direct have the best high-interest savings accounts if you're strictly searching for high interest rates. more…

14 Best High-Interest CDs and Savings Accounts Today: Earn Up to 4.75% APY on an 18-Month CD
Business Insider

Primis, MySavingsDirect, and Popular Dreict have some of the best high-interest savings rates today. Our list also has the highest CD rates available. more…

14 Best High-Interest CDs and Savings Accounts Today: 11-Month CD Pays 5.00% APY
Business Insider

The best high-interest savings accounts pay over 4.20% APY today. Our list also includes the highest CD, checking, and money market account rates. more…

14 Best High-Interest CDs and Savings Accounts Today: 3-Year CDs paying up to 4.60% APY
Business Insider

Some of the highest CD rates today are available at Capital One 360, Popular Direct, CFG Bank, Rising Bank, and Marcus by Goldman Sachs. more…

14 Best High-Interest CDs and Savings Accounts Today: Earn up to 4.30% APY on a Money Market Account
Business Insider

The average money market account pays 0.44% APY, according to the FDIC. Find the best high-interest accounts available today. more…

14 Best High-Interest CDs and Savings Accounts Today: Earn up to 4.50% on a 6-month CD
Business Insider

Capital One 360, Popular Direct, CFG Bank, Rising Bank, and Marcus by Goldman Sachs offer some of the best high-interest CDs today. more…

Fairwinds Credit Union Review: Free Checking Account With a Low Minimum Opening Deposit
Business Insider

Fairwinds Credit Union has branches in Florida, or you can bank online from anywhere in the US. It is also part of the CO-OP Shared Branch Network. more…

Why three fintechs attracted investment from shrinking UK funding pool
Insiderintelligence.com

Embedded finance fintechs and those with disruptive potential are still attracting investment despite the funding decline. more…

CFPB could put issuer revenues at risk with credit card late fees proposal
Insiderintelligence.com

The CFPB wants to lower the amount credit card issuers can charge in late fees—which would hurt a key source of issuers' revenues. more…

Fraud claims against Adani group spark political row in India
BBC News

Opposition leaders demand an investigation into the Adani Group amid allegations of financial fraud. more…

Argentina has been trapped in neocolonial debt for 200 years
Geopoliticaleconomy.com

Argentina has long been trapped in external debt owed to foreign imperial powers, causing inflation and crisis: A history of the deuda. more…

Direct Inward Dialing Starter Guide: Learn the Basics
Quicksprout.com

Want to get started with direct inward dialing right away? The best VoIP phone services for most are Nextiva and RingCentral. Save up to 40% when you start an annual plan with Nextiva today. Have you ever tried to call a company’s customer support line but ha… more…

The human cost of AI doesn't matter to Microsoft
Windows Central

While AI could drastically improve society, it's important to remember that capitalist companies care about profits, not about what's best for us. more…

$10,000 Grants Available for Women-Owned Businesses
Small Business Trends

There are many small business grant programs available to support women-owned businesses throughout their journey. Read more about this small business grants below. more…

Charter’s $7 Billion Penalty For Murdering An Elderly Customer Reduced To $262 Million
Techdirt

Last August, cable giant Charter Communications (Spectrum) was slapped with a $7 billion lawsuit after one of the company’s cable technicians murdered an 83-year-old customer after hours. The lawsuit (pdf) claims that Charter had eliminated a more rigorous sc… more…

Lebanon devalues official exchange rate by 90 percent
Al Jazeera English

The central bank has confirmed the new official rate of 15,000 pounds per dollar, up from little more than 1,500. more…

MPs Criticize NatWest Chief For Refusing To Attend Hearing
Bloomberg

NatWest Group Plc boss Alison Rose has irritated UK lawmakers by refusing to give testimony at a hearing next week on why big retail banks have been slow to pass on higher interest rates to savers. more…

The house and car will merge -- and change how we power lives...
The Washington Post

The house and car will merge -- and change how we power lives... (Second column, 8th story, link) Drudge Report Feed needs your support!   Become a Patron more…

2 of the Fastest-Growing Stocks to Buy Now
Motley Fool

These two stocks are still growing rapidly in a challenging environment. more…

For a Pure-Play Credit Card Lender, Capital One Is Building a Solid Deposit Franchise
Motley Fool

Capital One saw its deposit costs rise at a slower pace than many of its peers. more…

Better Buy: Wells Fargo or Citigroup?
Motley Fool

These two megabanks are both in turnaround mode. more…

AmEx's Expense Ramp-Up Has Been Extremely Successful, but the Next Few Years Will Be Critical
Motley Fool

Expenses at American Express have shot up in recent years as the company has invested in a premium card member base. more…

2 Artificial Intelligence-Powered Growth Stocks to Buy Right Now
Motley Fool

Artificial intelligence will shape the world's future; your portfolio should have some exposure to reflect that. more…

NCR (NCR) Q4 2022 Earnings Call Transcript
Motley Fool

NCR earnings call for the period ending December 31, 2022. more…

Scotts Miracle-Gro (SMG) Q1 2023 Earnings Call Transcript
Motley Fool

SMG earnings call for the period ending December 31, 2022. more…

DXC Technology (DXC) Q3 2023 Earnings Call Transcript
Motley Fool

DXC earnings call for the period ending December 31, 2022. more…

Atlassian (TEAM) Q2 2023 Earnings Call Transcript
Motley Fool

TEAM earnings call for the period ending December 31, 2022. more…

Camden Property Trust (CPT) Q4 2022 Earnings Call Transcript
Motley Fool

CPT earnings call for the period ending December 31, 2022. more…

Royal Caribbean Cruises (RCL) Q4 2022 Earnings Call Transcript
Motley Fool

RCL earnings call for the period ending December 31, 2022. more…

MicroStrategy (MSTR) Q4 2022 Earnings Call Transcript
Motley Fool

MSTR earnings call for the period ending December 31, 2022. more…

Digital and AI-enabled wealth management: The big potential in Asia
Mckinsey.com

The region’s mass-affluent and affluent segments are growing fast, and their demand for wealth management is evolving. Successful strategies will use digital and AI to access—and win—this market opportunity. more…

Refurbishing Europe: Igniting opportunities in the built environment
Mckinsey.com

The built environment in Europe will need to transform to achieve the EU’s goals for net-zero emissions. This is challenging but will unlock societal benefits and business opportunities. more…

Decarbonizing cement and concrete value chains: Takeaways from Davos
Mckinsey.com

How can the cement and concrete industry reach net-zero emissions by 2050? McKinsey hosted panelists at the World Economic Forum Annual Meeting 2023 in Davos to offer their insights. more…

Forward Thinking on how to get remote working right with Nicholas Bloom
Mckinsey.com

“There’s a lot of scare stories in the media saying hybrid doesn’t work,” says a leading economist. “My one piece of advice is just be intentional, be organized. Basically, get folks in on two, three days a week … and be really tough about having them come in… more…

Overall, our expenditure estimates are reasonable: Finance secretary TV Somanathan
The Times of India

The most direct action the government can take in that direction is what we have done through capital expenditure. There are possible global headwinds. That is one of the reasons we have chosen to go with a large expansion of capital expenditure so that even … more…

Expect decent returns from Indian equities by year end: Dipan Mehta
The Times of India

​So they are basically the price makers and when you have some concentrated selling coming in from a few FIIs who want to sell at any price in the next one, two, three hours or so, then you have such price corrections and even though buyers want to buy when t… more…

An Old, Small Opening Salvo v Russia? 2013 Bank Bail-In “increasingly has the smell of a proxy Germany v. Russia struggle through Cyprus”
Nakedcapitalism.com

A closer look at an old Eurozone banking crisis shows how Cyprus was (at least to a degree) used to get at Russia. more…

James Galbraith: The Quasi-Inflation of 2021-2022 – A Case of Bad Analysis and Worse Response
Nakedcapitalism.com

Galbraith explains why conventional views of inflation are a particularly poor fit for recent price increases and produced bad policy more…

A Big Reckoning Starting for Private Equity and Its Public Pension Fund Enthusiasts
Nakedcapitalism.com

Private equity returns are finally going pear-shaped, but for the most part, investors are re-upping their bets. more…

Why Smart Buildings Are A Smarter Choice
Forbes

Learn how savings, security and sustainability combine to make smart buildings a smarter choice. more…

Startups And Small Businesses Flock To Fintechs As Banks Flounder
Forbes

As Apple, Amazon and Walmart continue to threaten the big banks hold on consumers, watch for the fintech sector to steal share by offering startups and small businesses a competitive yield during the Fed’s continued rate hikes. more…

The Pros And Cons Of High-Yield Savings Accounts And How They Compare To Investing
Forbes

Saving and investing are integral parts of building wealth. Both have benefits and drawbacks that can make deciding between the two difficult. more…

The Pros And Cons Of High-Yield Savings Accounts And How They Compare To Investing
Forbes

Saving and investing are integral parts of building wealth. Both have benefits and drawbacks that can make deciding between the two difficult. more…

Tips For Banks Adopting Cloud Deployment In 2023
Forbes

To tackle these security challenges without compromising the efficiency and flexibility of cloud integrations, banks are beginning to deploy hybrid cloud solutions. more…

Merge Or Perish: 25 Struggling Fintech Startups
Forbes

Many once-promising financial startups are cash-strapped; others have broken business models. more…

Increasing Retirement Funds By Integrating Existing Retirement Fund Sources (And By Increasing Saving For Retirement)
Forbes

Commentators on the "retirement crisis" ignore the potential for increasing the spendable funds available to existing and soon-to-be retirees by integrating existing retirement fund sources. Also ignored is the potential for incenting younger consumers to sav… more…

Chef Michael Lindsey Opens Seven Restaurants In Richmond Since 2020 With More On The Way
Forbes

Michael Lindsey, a Richmond chef/entrepreneur, has opened a variety of restaurants starting with Little Pearl, with different menus, and done so on a limited budget, and has been attracting a wide variety of clientele. more…

A Blueprint from India for Women’s Economic Empowerment
Project Syndicate

India’s self-help groups have advanced gender equality and contributed to a sharp decline in poverty over the past 15 years. The task now is to replicate their success elsewhere and apply their lessons to other barriers to women’s advancement. more…

The Flight of the Inflation Hawks
Project Syndicate

Though the US Federal Reserve’s first interest-rate hike of 2023 is smaller than those that preceded it, policymakers have signaled that more increases are on the way, despite slowing price growth. But there is good reason to doubt the utility – and fear the … more…

Happy Valentine’s Day Senator Klobuchar: Bruce Springsteen’s Ticket Prices For His February 14th Show Are Crashing
Forbes

Just this week the Senate Judiciary Committee posted an ominous message to Ticketmaster regarding their upcoming sale of tickets for Beyonce. more…

‘Many of the accounts yielding above 4% require no minimum deposit.’ If you haven’t switched your savings account recently, now may be the time, pros say
Biztoc.com

On Wednesday, the Federal Reserve raised interest rates again — which is good news for savers. What’s more, savers have been seeing yields on savings accounts rise for months now. “The top-yielding, nationally available savings accounts are paying above 4%, a… more…

First mortgage below 4pc since mini-Budget as price war heats up
Telegraph.co.uk

The deal, which is cheaper than the Bank Rate, breaks a ‘psychological barrier’ more…

Shell profits double to record high as energy prices soar - latest updates
Telegraph.co.uk

more…

NS&I rates soar – here’s how to find the best deal
Telegraph.co.uk

There might be better offers elsewhere, so which account should you buy? more…

NS&I relaunches bonds with highest rates since 2010
Telegraph.co.uk

State-backed bank brings back one-year fixed bonds for the first time since 2019 more…

Thursday evening news briefing: Large pay rises 'will force rates higher'
Telegraph.co.uk

Also from this PM's Front Page newsletter: All criminal charges against Mason Greenwood dropped. Sign up below. more…

Recession will not be as bad as feared, says Bank of England
Telegraph.co.uk

Bank raises interest rates to highest level since 2008 as UK avoids recession more…

Optimistic, Excited, Resilient AF - Shopify
Shopify.com

Black business owners say they’re poised for growth despite lack of access to capital and mentorship, Shopify data reveals more…

Swedbank AB (publ) (SWDBF) Q4 2022 Earnings Call Transcript
Seeking Alpha

Swedbank AB (publ) (OTCPK:SWDBF) Q4 2022 Earnings Conference Call January 31, 2023 3:00 AM ETCompany ParticipantsAnnie Ho - Head of Investor RelationsJens Henriksson - Chief Executive... more…

Nordea Bank Abp (NRDBY) Q4 2022 Earnings Call Transcript
Seeking Alpha

Nordea Bank Abp (OTCPK:NRDBY) Q4 2022 Earnings Conference Call February 2, 2023 4:00 AM ETCompany ParticipantsMatti Ahokas - Head of IRFrank Vang-Jensen - CEOIan Smith - CFOConference Call... more…

BM Technologies: A Show Me Story
Seeking Alpha

BM Technologies announced a profit enhancement plan on January 30th. Click here to see our take on BMTX stock. more…

Goldman Sachs: Poor Earnings And An Investigation
Seeking Alpha

The Goldman Sachs Group, Inc. is a global investment bank and financial services company. Click here to read my analysis of GS stock. more…

Raiffeisen Bank International AG (RAIFF) Q4 2022 Earnings Call Transcript
Seeking Alpha

Raiffeisen Bank International AG (OTCPK:RAIFF) Q4 2022 Earnings Conference Call February 1, 2023 8:00 AM ETCompany ParticipantsJohann Strobl - CEOHannes Mosenbacher - CROConference Call... more…

Deutsche Bank Aktiengesellschaft (DB) Q4 2022 Earnings Call Transcript
Seeking Alpha

Deutsche Bank Aktiengesellschaft (NYSE:NYSE:DB) Q4 2022 Earnings Conference Call February 2, 2023 7:00 AM ETCompany ParticipantsIoana Patriniche - Head of IRChristian Sewing - CEOOlivier... more…

Andvari Associates Q4 2022 Letter
Seeking Alpha

For the full year of 2022 Andvari was down 33.8% net of fees. Click here to read the full fund letter. more…

Evans Bancorp, Inc. (EVBN) Q4 2022 Earnings Call Transcript
Seeking Alpha

Evans Bancorp, Inc. (NYSE:NYSE:EVBN) Q4 2022 Earnings Conference Call February 2, 2023 4:45 PM ETCorporate ParticipantsCraig Mychajluk - Investor RelationsDavid Nasca - President &... more…

Mercury Systems, Inc. (MRCY) Q2 2023 Earnings Call Transcript
Seeking Alpha

Mercury Systems, Inc. (NASDAQ:NASDAQ:MRCY) Q4 2022 Earnings Conference Call January 31, 2023 5:00 PM ETCompany ParticipantsMark Aslett - President & Chief Executive OfficerMichael... more…

Crown Holdings, Inc. (CCK) Q4 2022 Earnings Call Transcript
Seeking Alpha

Crown Holdings, Inc. (NYSE:NYSE:CCK) Q4 2022 Earnings Conference Call February 8, 2023 9:00 AM ETCompany ParticipantsKevin Clothier – Senior Vice President and Chief Financial OfficerTim... more…

Atlassian Corporation (TEAM) Q2 2023 Earnings Call Transcript
Seeking Alpha

Atlassian Corporation (NASDAQ:NASDAQ:TEAM) Q2 2023 Earnings Conference Call February 2, 2023 5:00 PM ETCompany ParticipantsMartin Lam - Head, Investor RelationsScott Farquhar - Co-Founder... more…

UniCredit S.p.A. (UNCFF) Q4 2022 Earnings Call Transcript
Seeking Alpha

UniCredit S.p.A. (OTCPK:UNCFF) Q4 2022 Earnings Conference Call January 31, 2023 4:00 AM ETCompany ParticipantsMagda Palczynska - Head, Investor RelationsAndrea Orcel - Chief Executive... more…

Unpacking India's CBDC Pilots as Country Prepares for Digital Rupee
CoinDesk

India wants to launch its central bank digital currency at a national level by the end of 2023, but early into its pilot, the Reserve Bank of India has identified challenges. more…

The Fed hiked interest rates by a quarter point today. Here’s what this means for mortgage rates
Yahoo Entertainment

The Federal Reserve doesn’t set interest rates on lending products, but it can influence them. Here’s why that matters for homebuyers. more…

I’m the Breadwinner. Yet My Husband Insists On Controlling All Our Money.
Slate Magazine

I don’t have any bad habits. more…

How high will UK interest rates go?
This is Money

A 0.5% rate hike combined with forecasts of falling inflation saw questions intensify over how high rates will go and whether they will then have to be cut again. more…

New infosec products of the week: February 3, 2023
Help Net Security

Here’s a look at the most interesting products from the past week, featuring releases from Arkose Labs, Hornetsecurity, HYCU, KELA, and Trulioo. Hornetsecurity unveils two tools to counter rise in phishing attacks and malicious links Hornetsecurity launched t… more…

Plan Now For Home Efficiency Federal Rebate Programs
CleanTechnica

Federal rebate programs offer significant financial incentives to people who replace fossil fuel powered appliances. more…

Lebanese banks close doors to customers to protest ruling
Independent

Lebanon’s battered commercial banks have closed their doors to customers in protest of a recent court ruling that forced one of the country’s largest banks to pay out two of its depositors their trapped savings in cash more…

NatWest boss refuses summons by MPs probing savings rates
Independent

The Government is the biggest shareholder the bank that Alison Rose leads more…

Bosses of major banks defend branch closures to MPs
Independent

Chief executives from NatWest Group, Barclays UK, HSBC UK and Lloyds Banking Group appeared before the Treasury Committee. more…

NatWest boss U-turns on decision not to face MPs in bank probe
Independent

Dame Alison Rose, NatWest’s chief executive, came under pressure from the Treasury Committee after saying she was too busy to attend the meeting. more…

Banks receiving scam payments to take more responsibility under code update
Independent

Updates to the authorised push payment scams code require firms receiving payments to play a greater role in protecting the customer. more…

Martin Lewis gives verdict on interest rate rise and what it means for mortgage holders
Independent

Money Saving Expert founder has shared his advice after Bank of England hiked rates to 4% more…

Here's what the Fed interest rate hike means for you
Independent

The Federal Reserve raised its key rate by a quarter point Wednesday, bringing it to the highest level in 15 years as part of an ongoing effort to ease inflation by making borrowing more expensive more…

Britcoin? UK gets closer to launching a digital currency
Independent

Britcoin is moving closer to reality more…

Average monthly tracker mortgage payment jumps by nearly £50 following rate hike
Independent

The average tracker mortgage payment will increase by £48.99 per month, according to figures from UK Finance. more…

Average monthly tracker mortgage payment jumps by nearly £50 following rate hike
Independent

The average tracker mortgage payment will increase by £48.99 per month, according to figures from UK Finance. more…

UK digital currency ‘likely to be needed’, say Treasury and Bank of England
Independent

The Bank and the Government will formally start a consultation for the digital currency on Tuesday. more…

Facilitating the Next Golden Age of Black Business
Mit.edu

In recent years, a growing recognition of deep inequities in the global economy has served as a much needed push for financial institutions, philanthropic organizations, governments, and corporations to invest in Black business. Take the example of the PNC Fo… more…

How the Fed's latest interest rate hike affects your money
CBS News

Because inflation is easing, Fed is increasing rates at slower pace. But borrowing will still be more expensive. more…

How to get a VA loan
CBS News

Want a mortgage with low rates and no down payment? A VA loan might be an option. more…

How To Pick the Savings Account That Is Right for You
Yahoo Entertainment

Not all savings accounts are created alike. In the Best Banks 2023 poll conducted by GOBankingRates, 72% of respondents said they have savings accounts. A... more…

Cost of living: Big banks' bosses defend savings rates and branch closures
Yahoo Entertainment

The bosses of Lloyds, NatWest, HSBC and Barclays said deals had improved as savers shopped around. more…

Want a Higher Savings Rate? Ask Your Bank for a Raise
Yahoo Entertainment

The Fed is trying to tame inflation by raising interest rates, which means it's a great time to squirrel money away in a savings account. See the List... more…

Stocks

Synchrony Financial
Bancorp 34, Inc.
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Beneficial Bancorp, Inc.
Broadway Financial Corporation
Brookline Bancorp, Inc.
Capitol Federal Financial, Inc.
Carolina Trust BancShares, Inc.
Carver Bancorp, Inc.
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Citizens Holding Company
Community First Bancshares, Inc.
Dime Community Bancshares, Inc.
Eagle Financial Bancorp, Inc.
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FFBW, Inc.
First Defiance Financial Corp.
First Financial Northwest, Inc.
FSB Bancorp, Inc.
Great Southern Bancorp, Inc.
Greene County Bancorp, Inc.
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Hamilton Bancorp, Inc.
Hingham Institution for Savings
HMN Financial, Inc.
Home Bancorp, Inc.
Home Federal Bancorp, Inc. of Louisiana
HomeTrust Bancshares, Inc.
HopFed Bancorp, Inc.
IBERIABANK Corporation
IF Bancorp, Inc.
Investors Bancorp, Inc.
Kearny Financial
Kentucky First Federal Bancorp
Lake Shore Bancorp, Inc.
Landmark Bancorp Inc.
Magyar Bancorp, Inc.
Malvern Bancorp, Inc.
MB Financial Inc.
Meridian Bancorp, Inc.
Meta Financial Group, Inc.
MSB Financial Corp.
Northeast Bancorp
Northwest Bancshares, Inc.
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Ottawa Bancorp, Inc.
Pacific Mercantile Bancorp
Pathfinder Bancorp, Inc.
PB Bancorp, Inc.
Poage Bankshares, Inc.
Provident Financial Holdings, Inc.
Prudential Bancorp, Inc.
Randolph Bancorp, Inc.
Riverview Bancorp Inc
Severn Bancorp Inc
Southern Missouri Bancorp, Inc.
TFS Financial Corporation
Timberland Bancorp, Inc.
United Community Financial Corp.
Washington Federal, Inc.
WCF Bancorp, Inc.
Western New England Bancorp, Inc.
WSFS Financial Corporation
WVS Financial Corp.
New York Community Bancorp, Inc.
BBX Capital Corporation Class A
Provident Financial Services Inc
Southwest Georgia Financial Corporation
Webster Financial Corporation
Standard AVB Financial Corp.