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The informal network of exchangers are making money available in ways banks can’t, says Cambridge research fellow Nafay Choudhury.
Unlike the tech sector, the finance world is putting a big emphasis on face time.
Dividend hikes and stock buybacks are on the way.
The bank leaders may be asked about diversity and lending practices during the pandemic.
Pros: fast and convenient. Cons: getting billed twice, trouble unsubscribing from a service and losing track of payments.
Most banks shy away from letting cannabis businesses open accounts, fearful they could run afoul of federal laws.
Over 7 million Americans don’t have bank accounts. One big incentive to opening one: direct deposit of federal relief payments.
Mainstream banks may offer a layer of legitimacy to cryptocurrency that is appealing to big institutional investors.
Individual investors are apparently fueling the increase. It’s a similar strategy to what we’ve seen with GameStop stock.
Many businesses are nervous about borrowing right now. And banks aren’t earning much on the loans they are making.