Key points to remember Adjusted EPS was 10.18 versus analysts’ expectation of $8.92. Revenue exceeded analysts’ expectations. Organic growth in assets under management over the full year is in line with analysts’…
FTX US among 5 companies to receive cease and desist letters from FDIC
The Federal Deposit Insurance Corporation (FDIC) has issued cease and desist letters to five companies for allegedly making false representations about deposit insurance related to cryptocurrencies. FDIC issued a Friday press release…
CIT Bank Review 2022
The benefits explained No monthly fees on deposit accounts – CIT Bank does not charge monthly fees on its checking, savings and money market accounts. Reimburses ATM fees up to $30 per…
What Do AA+ and AAA Credit Ratings Mean?
It was a Friday evening in August 2011. Financial professionals were kept awake after Standard & Poor’s (S&P) announced that the US debt rating had been downgraded from AAA to AA+. The…
The Philippines pushes back against foreign exchanges, continuing a protectionist streak
The pressure on crypto is growing swiftly in the Philippines. After a recent series of controversial moves from the state regulators and local think tanks, the country’s central bank published a warning…
BrioDirect Bank Review 2022
The benefits explained Low minimum deposit requirements – To open a BrioDirect money market account, all you need is $100. If you wish to place a larger amount in a certificate of…
Delta Earnings: What Happened With DAL
Key points to remember Adjusted EPS was -$2.53 versus analysts’ expectation of -$2.29. Revenue exceeded analysts’ expectations. The load factor was below consensus estimates. What happened Delta reported mixed results for the…
MTV introduces the ‘Best Metaverse Performance’ award category
The 2022 MTV Video Music Awards (VMAs) added a new category to its list of competition categories. This year, artists are eligible to compete under the category of “Best Metaverse Performance” for…
Sallie Mae Bank Review 2022
The benefits explained Solid interest rates: All of Sallie Mae’s deposit accounts, including their savings accounts, CDs, and money market account, offer pretty high APYs. Although it is possible to find higher…