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Why are some large banks taking a hard line on workers returning to the office?

Jul 16, 2021
Unlike the tech sector, the finance world is putting a big emphasis on face time.
People wait to use an ATM outside a Chase branch in New York City.
Cindy Ord/Getty Images

Banks pump up shareholder payouts as Fed ends pandemic limits

Dividend hikes and stock buybacks are on the way.
Wells Fargo, for instance, is doubling its dividend and plans to buy back $18 billion in stock.
Spencer Platt/Getty Images

Bank CEOs will likely face social issue questions from Congress

May 26, 2021
The bank leaders may be asked about diversity and lending practices during the pandemic.
Kena Betancur/AFP via Getty Images

The pros and cons of leaving bank auto pay on autopilot

May 11, 2021
Pros: fast and convenient. Cons: getting billed twice, trouble unsubscribing from a service and losing track of payments.
Auto pay works well for fixed payments, but it can be dangerous for bills with fluctuating amounts.
fizkes via Getty Images

House approves cannabis banking bill

Apr 20, 2021
Most banks shy away from letting cannabis businesses open accounts, fearful they could run afoul of federal laws.
Cannabis is still illegal under federal law, and most banks shy away from letting cannabis businesses open accounts, because the cash could be considered proceeds from illegal activity.
Drew Angerer/Getty Images

FDIC campaigns to get the unbanked to open accounts

Apr 7, 2021
Over 7 million Americans don't have bank accounts. One big incentive to opening one: direct deposit of federal relief payments.
There are plenty of reasons why disadvantaged communities might avoid the banking system, but one benefit is the ability to deposit relief money.
Justin Sullivan/Getty Images

BNY Mellon announces it will offer cryptocurrency services

Feb 12, 2021
Mainstream banks may offer a layer of legitimacy to cryptocurrency that is appealing to big institutional investors.
Storing cryptocurrency like Bitcoin hasn’t always been easy. People have to worry about hackers and keep track of passwords for their digital wallets.
Dan Kitwood/Getty Images

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Why is the price of silver soaring?

Individual investors are apparently fueling the increase. It's a similar strategy to what we've seen with GameStop stock.
Retail investors are now targeting big banks who have bet against the price of silver.
Bet_Noire via Getty Images

Some banks are lending less in an uncertain economy

Jan 21, 2021
Many businesses are nervous about borrowing right now. And banks aren't earning much on the loans they are making.
The lending decline for some banks comes despite the fact that interest rates are at near-record lows.
Andrew Caballero-Reynolds/AFP via Getty Images

Big banks' profits are doing better than the economy

Jan 15, 2021
They've been raking in money thanks to the strong stock market, companies' appetite for debt and initial public offerings.
Spencer Platt/Getty Images