Goldman Sachs loses profit after hits from GreenSky, real estate
Reputable Loans Blog
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8M ago
Second-quarter profit fell 58% to $1.22 billion, or $3.08 a share, due to steep declines in trading and investment banking and losses related to GreenSky and legacy investments that shaved about $3.95 from earnings a share. Revenue fell 8% to $10.9 billion ..read more
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The manner in which the United States established an economy based on fees of questionable value
Reputable Loans Blog
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1y ago
The White House reports that Americans are collectively expending almost $65 billion on concealed fees. These "junk fees," referred to as convenience fees or service fees, have become pervasive across various sectors, such as banking, telecom, entertainment, and hospitality ..read more
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Savings account interest rates are at 15-year high, but only fewer Americans are benefiting
Reputable Loans Blog
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1y ago
Savings returns are expected to be the best they have been in 15 years, in part because of the Federal Reserve's recent increase in interest rates as a result of persistent inflation ..read more
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The Ultimate Guide to Personal Finance: Tips and Strategies for Financial Success
Reputable Loans Blog
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1y ago
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Semi Truck Refinancing: What You Need to Know
Reputable Loans Blog
by
1y ago
Refinancing your semi truck can save you money and improve your financial situation. Learn everything you need to know about semi truck refinancing in this guide ..read more
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Umpqua Bank merger consolidates some branches on the Oregon coast
Reputable Loans Blog
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1y ago
Oregon-based Umpqua Bank recently merged with Columbia Bank, and the combined company has created a system of more than 300 banking branches across the western United States ..read more
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Munich Re terminates membership of Net Zero Insurance Alliance
Reputable Loans Blog
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1y ago
In a press release, the reinsurer stressed that it is sticking to its ambitious climate targets, which include reducing greenhouse gas emissions associated with its portfolio by 29% by the end of 2025 ..read more
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Why the Bank of Canada can't cut rates this year, despite what the market says
Reputable Loans Blog
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1y ago
The Bank of Canada won't be lowering its key lending rate this year despite financial markets already pricing in multiple cuts starting this fall, according to a senior economist at Vanguard ..read more
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Credit Suisse whistleblower claims Swiss Bank helped wealthy Americans evade US taxes for years
Reputable Loans Blog
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1y ago
For years the bank provided a safe haven for wealthy American clients to hide assets from the IRS - even when it was arrested and charged with doing the same over a decade ago, according to two former Credit Suisse bankers. they spoke exclusively to CNBC and cooperated with the US government as whistleblowers ..read more
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Here's why America had to raise the terms to complete the SVB sale
Reputable Loans Blog
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1y ago
First Citizens BancShares is buying SVB's $72 billion in assets for $16.5 billion, a 23% discount, according to an FDIC statement Sunday ..read more
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