Interest Rates

No More Free Lunch For Swiss Bank Account Customers
No More Free Lunch For Swiss Bank Account Customers
October 18, 2019  |  Banking

Swiss banks are going to start charging their millionaire customers to store money, according to a report by CNN. Get the Full Story Complete the...

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Fed Concerned Trade War Could Trigger Recession
Fed Concerned Trade War Could Trigger Recession
October 10, 2019  |  Regulation

Federal Reserve officials are worried that slowing global growth, exacerbated by the U.S.-China trade war, could sap domestic hiring and economic activity, triggering a recession,...

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Upgrade Card Combines Credit Card Acceptance With Installment Payments Flexibility
Upgrade Card Combines Credit Card Acceptance With Installment Payments Flexibility
October 10, 2019  |  Loans

Twelve years ago, LendingClub Founder Renaud Laplanche built a business to help consumers manage the $800 million in outstanding credit card debt. That product was...

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Credit Card Interest Rates Rise To Near-Record Levels
Credit Card Interest Rates Rise To Near-Record Levels
October 09, 2019  |  Economy

The average interest rates on credit cards are nearing record levels, in spite of a 50-basis-point decline on a 10-year note yield. Get the Full...

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UK Credit Card APR Soars To Nearly 25 Pct.
UK Credit Card APR Soars To Nearly 25 Pct.
September 17, 2019  |  Debt

Interest rates on credit card balances in the U.K. are the highest they have been in 13 years, according to a report by the Financial Times....

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US Bank Dials Back Growth Forecasts
US Bank Dials Back Growth Forecasts
September 12, 2019  |  Banking

To reflect the upcoming adoption of new accounting standards as well as lower interest rates, U.S. Bancorp cut its growth outlook in the long term....

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Global Debt Spike Has Some Central Bankers Worried
Global Debt Spike Has Some Central Bankers Worried
September 09, 2019  |  Economy

As the U.S.-China trade war continues and economies take a dive, already low global interest rates could drop even further, The Wall Street Journal reported...

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Japan’s Struggling Regional Banks Take Investment Risks To Stay Afloat
Japan’s Struggling Regional Banks Take Investment Risks To Stay Afloat
September 03, 2019  |  International

Japan’s struggling regional banks are taking on riskier investments as they struggle to survive. Get the Full Story Complete the form to unlock this article...

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Negative Rates Have Danish Banks Snapping Under Pressure
Negative Rates Have Danish Banks Snapping Under Pressure
August 28, 2019  |  International

Seven years of negative central bank rates in Denmark have financial institutions in a tailspin, Bloomberg reported on Wednesday (Aug. 28). Get the Full Story...

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