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The Federal Reserve has raised interest rates twice in 2018, not only increasing the amount that consumers have to pay on credit cards and loans, but also making them less likely to be able to afford large purchases. The Fed’s current target ra...
It's nothing shocking that your probability of separation is based on your relationship with cash. Cash is the main source of pressure in a relationship, as per a review of more than 2,000 grown-ups by SunTrust Bank. The study found that 35% o...
An asset protection planning is an important component of financial planning. Its main purpose is to protect assets from credit claimers. It simply means keeping an individual property safe and secure from someone who wins a lawsuit against them....
Money is an essential need in every human being's life. Without money, we can’t survive in this world. For fulfilling our basic requirements money is important. It is the principal measure of wealth. It is also the medium of economic ex...
A bank is a financial institution that provides financial services to people. They are licensed to receive all the deposits and provide loans. Banks make money by borrowing it from depositors and compensating that borrowed amount with a certain i...
Financial literacy is very much important in everyone’s life. Teaching kids about financial literacy is essential for the growth and development of every child. As Children of today are the youths of tomorrow. If kids will get financial lit...
According to recent reports, Bank of America caps an Underwhelming Bank earning season. On Monday, The Bank of America Corporation reported a 12% drop in its first-quarter profit. The bank also reported a 9% rise in consumer banking revenue. It raise...
Investment banking is a type of Banking whose main purpose is to create capital for other companies, entities, and governments. It helps individuals and organizations in raising capital and providing financial support. It acts as an intermediary...
SWIFT banking system is an organization whose work is to facilitate worldwide interbank financial communications. The word SWIFT stands for The Society for Worldwide Interbank Financial Telecommunications. The main objective of this banking syste...