What Are Neo-Banks and How Will They Shape the Future of Finance?

What Are Neo-Banks and How Will They Shape the Future of Finance?

Neo, or new banks are a modern interpretation of banking services. Unlike traditional banks, which may offer online services, but typically rely on their
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Invest 5-10% of portfolio in sovereign gold bonds to guard against volatility

“A turmoil in global markets on account of the virus spreading leading to a slowdown in economic growth is leading investors to buy gold as a safe haven
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Scotiabank decreases prime lending rate

TORONTO , March 4, 2020 /CNW/ – Scotiabank announced today that it is decreasing its Canadian dollar prime lending rate to 3.45 per cent from 3.95
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Marie Osmond says her children are not inheriting her fortune

Osmond, 60, is one of the hosts of the “The Talk” and recently said that she does not intend to leave her children with the fortune she has made during
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Chinese banking sector's anti-epidemic credit support exceeds 1.2 trillion yuan

BEIJING, March 4 (Xinhua) — Chinese banks had offered credit support of over 1.25 trillion yuan (about 180.4 billion U.S. dollars) as of Wednesday
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What Coronavirus Induced 'Emergency' Rate Cut Means for Banks

Amid all these developments, banks, one of the biggest beneficiaries of higher rates, are likely to be adversely impacted. Notably, KBW Nasdaq Bank
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The Week Ahead – Economic Data, COVID-19 Updates and Geopolitics in Focus

On Wednesday, while wholesale inflation numbers are the key driver, housing sector figures will need to continue to support upbeat sentiment towards
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Drudge floats the implausible: A Bloomberg-Clinton ticket

Matt Drudge, the famous news aggregator and internet provocateur, shattered the lull of an otherwise calm Saturday morning with a big-if-true
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NORDEA Bk AB SW/S (OTCMKTS:NRDBY) versus Itau Corpbanca (OTCMKTS:ITCB) Financial …

It offers personal banking products comprising corporate and household deposits; and household mortgage and consumer loans, as well as loans to
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Bakk cancels political fundraiser at Fortune Bay

TOWER — At the end of January, the six Ojibwe bands forming the Minnesota Chippewa Tribe based in Cass Lake wrote a letter in support of a
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Calcutta HC asks RBI to mull 'appropriate steps' against Bank of Baroda

Mumbai: The Calcutta High Court has asked the Reserve Bank of India (RBI) to consider “appropriate steps” against Bank of Baroda (BoB), including
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Pay Off Your Mortgage Early or Invest? How I'm Using Dividend Stocks to Get Ahead

All three pay dividend yields at recent prices that are solidly higher than … The most important reports all relate to housing – prices, sales, and plans.
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Germany: Man leaves €7-million fortune to cash-strapped AFD

Germany: Man leaves €7-million fortune to cash-strapped AFD … A German man has bequeathed his €7 million fortune, including gold and property,
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The world's growing sugar shortage

The world is running short of sugar and top buyer wants more … grappling with an oversupply from India, now needs the sugar, said LMC International.
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Banking wrap: SBI says banks to pay price if any telco files for bankruptcy; Yes Bank in talks with …

Banks that have exposure to the troubled telecom industry in the country, may get affected if any of the top players file for bankruptcy as they failed to
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Why “Tax Time” is a Good Time to Consider Life Insurance Options

Lemmon suggests, “A good life insurance policy can be short-term to cover a mortgage, it can be established to protect the interests of a special-needs
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Israeli Army Says Hamas Hackers Tried to 'Seduce' Soldiers

Jerusalem (AP) — The Israeli military on Sunday said it has thwarted an attempt by the Hamas militant group to hack soldiers' phones by posing as
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Short Interest in Western Asset Mortgage Capital Corp (NYSE:WMC) Decreases By 5.6%

Western Asset Mortgage Capital Corp (NYSE:WMC) was the target of a … It focuses on investing in, financing, and managing a portfolio of agency and
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Give young Idahoans the help they need to buy that first home

With Idaho's housing market booming, first-time homebuyers are being particularly pressed by record home appreciation and low inventory.
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Weighing The Week Ahead: Investing In Housing Stocks

By Jeff Miller: The economic calendar is modest, and the trading week is holiday-shortened. The most important reports all relate to housing – prices,
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