UPDATE: This article includes comments from an analyst at Moody’s Ratings as well as comments made during Citigroup’s earnings call. Citigroup is feeling good about hitting a key profitability target by next year and setting itself up for higher, sustainable returns, even as progress toward reaching that target isn’t linear. That was the message Tuesday … Read more
Meet our North Conway team, a group of local experts dedicated to understanding the banking needs of the Greater Mount Washington Valley region. – Susan Perry, Senior Vice President, Commercial Loan Officer – Will Perez-Moya, Branch Manager – Kathy Sanderson, Sr. Residential Mortgage Loan Originator (NMLS 409084) – Thomas Rubino, Universal Banker 1 We asked our … Read more
Jamie Waddell and Danny Walker Would expanding mortgage supply lead to increased home ownership? Given that 90% of young home owners have a mortgage, it’s tempting to assume the answer is yes. But our analysis suggests that assumption is not necessarily true. We show that increases in mortgage supply have historically had no discernible effect … Read more
Hello Marvelous friend Have you ever felt like your actions are just a small drop in the ocean but what if that drop could create a ripple effect … The Ripple : Midweek Marvels – Weekly Mosaic #25
Have you ever wondered why your statement of account is so important? As it is your financial footprint, it is quite important to access it and keep checking every now and then. Having a glimpse of your financial history is a good thing for effective personal financial management. You would know exactly what is going … Read more
The financial services sector, like many industries, is undergoing a transformation to drive new revenue streams and profitability. This shift is fueled by evolved and new business models based on advanced technologies and aimed at meeting client expectations. Similar to other industries, financial services organizations are focused on streamlining cost-to-serve mechanisms and enhancing productivity. However, … Read more
Adobe Stock/ Silverman Media WASHINGTON — Despite promises from House leadership, bankers aren’t going to get their biggest concerns about a pair of crypto bills addressed before lawmakers send them to President Donald Trump’s desk. House lawmakers were set to vote on stablecoin and market structure bills this week, part of what the lower chamber … Read more
Roger Vicquéry and Kevin Hjortshøj O’Rourke While the collapse of the Bretton Woods system in 1973 has traditionally been seen as heralding a major shift towards floating exchange rates, the extent of this transition away from fixed arrangements has been called into question by a ‘New Consensus’ view. We provide a new index to measure … Read more
Summary Dieterich Bank helps Illinois businesses streamline finances with fraud prevention, payment solutions, receivables management, and liquidity tools, backed by expert support. Dieterich Bank’s Treasury Solutions Advanced fraud prevention tools to safeguard your business. Simplified payment solutions for secure and efficient transactions. Receivable solutions to improve cash flow and reduce errors. Liquidity management tools for … Read more
Are you thinking of closing your personal loan account? Or is it better if you leave it as it is and wait for its tenor to be over? It’s natural that all of us want to have a debt-free life without worrying much about the payment obligations such as EMIs, you know! The sooner you … Read more