What Is Wholesale Banking? Types of Services and Example

What Is Wholesale Banking? Wholesale banking refers to banking services sold to large clients, such as other banks, other financial institutions, government agencies, large corporations, and real estate developers. It is the opposite of retail bankingwhich focuses on individual clients and small businesses. Wholesale banking services include currency conversion, working capital financing, large trade transactions,…

Cannabis Stocks Appear Ready to Test Recent Highs

After their parabolic 2018 gains, cannabis stocks have been far from smoking hot over the past year, with leading industry players plagued by supply issues, high taxes. and ongoing regulatory hurdles. However, as we move into 2020, some of these challenges look to be clearing up. Government authorities in Canada – the first developed country…

Gold Trades Above $1,600 for the First Time Since 2013

The SPDR Gold Trust (GLD) and the gold futures contract closed at a seven-year high on Tuesday, underpinned by the coronavirus outbreak and dovish central bank policies around the world. The contract traded above $1,600 for the first time since 2013 and is setting its sights on the all-time high near $2,000, posted in September…

Wingstop Investors Hit the Exits After Profit Shortfall

Wingstop Inc. (WING) stock is trading lower by nearly 5% in Wednesday’s pre-market session after the company missed fourth quarter 2019 profit estimates by more than 17%, booking earnings per share (EPS) of $0.14 compared to consensus estimates of $0.17. The fast food chain reported in-line revenue of $53.19 million, which marked a 31.3% increase…

Top 15 of the best tweets about Christmas decorations, long live the garlands

Christmas is approoooooooooche and who says Christmas says Christmas films and Advent calendar, ok, May also and above all a max of decoration to enjoy life for a month (it’s already a month right?). So spin the balls and socks. 1. This way the calendar my mother who asks me if I want an advent…

Checkbook Definition

What Is a Checkbook? A checkbook is a folder or small book containing preprinted paper instruments issued to checking account holders and used to pay for goods or services. A checkbook contains sequentially numbered checks that account holders can use as a bill of exchange. The checks are usually preprinted with the account holder’s name,…