Satoshi Nakamoto Blog

Tag : Interest rates

deposits Digital Banking interest rates Jamie Dimon JPMorgan Chase Marianne Lake Mobile technology Mortgages Qualified mortgage rules

Insights — including Dimon’s sour take on mortgages — from JPMorgan’s 1Q

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Most things went right for JPMorgan Chase in the first quarter. Profits and deposits surged, there were few asset-quality issues and even growth in expenses
Daniel Tarullo Federal Reserve FOMC interest rates Jerome Powell Monetary policy Regulatory relief Trump administration

Would Stephen Moore change the Fed, or vice versa?

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WASHINGTON — For most of President Trump’s term in office, his appointments to the Federal Reserve Board have been establishment figures — experienced policymakers whose
Aspiration Customer data deposits fintech Fintech regulations interest rates Savings accounts SoFi Wealthfront

What’s driving these fintech companies’ deposit grab?

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Investing startups often tout their success with young clients by offering the latest tech and flashiest features, including cryptocurrency trading and artificial intelligence-powered advice. But
Consumer Banking earnings Goldman Sachs Insurance plan premiums interest rates Lawsuits Morning scan Recruiting Wells Fargo

Wells Fargo issues new mea culpa; savings account skinflints?

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Receiving wide coverage … Mea culpaWells Fargo apologized again for its past failures and detailed the steps it has taken to address its problems in
artificial intelligence Consumer Banking Crime and misconduct Diversity and equality Ford Motor Credit interest rates Margaret Keane Morning scan Robert Kaplan Synchrony

No-frills accounts prove popular; lenders use AI to parse credit

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Wall Street Journal No frills, no problemNo-frills bank accounts are attracting more consumers beyond the low-income customers they were intended for. The accounts generally include
Federal Home Loan Banks Federal Reserve Federal Reserve Bank of New York Financial Conduct Authority interest rates SOFR

Libor is going dark in 2021, and some banks aren’t ready

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WASHINGTON — Industry insiders are worried some banks are not paying enough attention to the likely switch to a new interest rate benchmark. Regulators appear