Banking

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Latest Banking News

Elevated Interest Rates Are Pushing U.S. Corporates Into Default

The current high level of interest rates will increase default rates of leveraged companies. For more than two decades, American…

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Why Capital One’s $35 Billion Discover Takeover Will Be A Profit Game Changer

If Capital One’s COF $35 billion bid to acquire Discover Financial Services DFS makes it through regulatory scrutiny, the deal…

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Best online banks that take cash deposits

Using an online-only bank often means you’ll earn higher rates and pay fewer fees than you would with a brick-and-mortar…

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Want to save money on paper checks? Skip your bank

With online bill payment and mobile wallets on the rise, consumers are relying less on paper checks. Those who do…

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Capital One Should Not Rush To Acquire Discover

Capital One’s COF plan to acquire Discover caused much debate this week about what the potential merger could mean for…

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Historical CD interest rates: 1984-2024

Portions of this article were drafted using an in-house natural language generation platform. The article was reviewed, fact-checked and edited…

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Zelle Volume Heads Towards $1 Trillion, As Banks’ Cash App Spreads To Small Business Payments

Bank customers used Zelle to transfer $806 billion in 2.9 billion payments last year, up 28% in both dollar value…

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