Banking & Savings

Why banks are offering lower cash Isa rates

Banks are brazenly pocketing the tax breaks savers should get on their Isa accounts. Charter Savings Bank last week launched a top-paying easy-access taxable account and cash Isa. There should be no difference between the two except for the amount of tax you pay.  Banks are brazenly pocketing the tax breaks savers should get on their Isa accounts But while ...

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Territorial Bancorp Inc (NASDAQ:TBNK) Upgraded to “Hold” by Zacks Investment Research

Zacks Investment Research upgraded shares of Territorial Bancorp Inc (NASDAQ:TBNK) from a sell rating to a hold rating in a research report sent to investors on Tuesday, September 12th. According to Zacks, “Territorial Bancorp, Inc. intends to operate as the bank holding company for Territorial Savings Bank, a federally chartered, FDIC-insured savings bank, which provides financial services to individuals, families, ...

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How To Get The Best Money Market Account Rate

Hero Images/Getty Images If you want a better return on your FDIC-insured investment but fear the commitment of a CD, it might be time for you to consider a money market account. Money market accounts act as a bit of hybrid of other banking products. Unlike a savings account, you can pay directly from your MMA. It is like a ...

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Chicago Equity Partners LLC Takes $677,000 Position in Waterstone Financial, Inc. (WSBF)

Chicago Equity Partners LLC acquired a new stake in Waterstone Financial, Inc. (NASDAQ:WSBF) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 35,935 shares of the savings and loans company’s stock, valued at approximately $677,000. Chicago Equity Partners LLC owned about 0.13% of Waterstone Financial at ...

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More winners rewarded in FCMB promo — Business — The Guardian Nigeria Newspaper – Nigeria and World News

First City Monument Bank plc, FCMB. First City Monument Bank (FCMB) recently delighted and empowered another set of 644 customers with cash and various exciting gifts at the third draws of the Bank’s ongoing bumper reward scheme tagged, “FCMB Millionaire Promo Season 4”. The electronic selection of the winners took place at the regional and zonal levels of the Bank ...

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Banking 2017: the walk towards extinction | Opinion

Banks in Pakistan can be likened to the dinosaurs which roamed our world during ancient times. They were large, unwieldy and comfortable in the mindset that their world will never change. Banks do not realise that the perfect tech storm is forming to make them extinct – or at least marginal in the near future. Banks in the country are ...

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Public interest missing in banking policy

The entrance of the Bank of Thailand. The central bank’s Monetary Policy Committee meets today to decide whether to cut the policy interest rate. (Bangkok Post file photo) The Bank of Thailand’s (BoT) Monetary Policy Committee will decide Wednesday whether or not to slash the policy interest rate, which has been kept controversially unchanged since the last cut in April ...

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Banks pocket your cash Isa tax breaks

Banks are brazenly pocketing the tax breaks savers should get on their Isa accounts Banks are brazenly pocketing the tax breaks savers should get on their Isa accounts. Charter Savings Bank last week launched a top-paying easy-access taxable account and cash Isa. There should be no difference between the two except for the amount of tax you pay. But while ...

Read More »

Financial Survey: Sterling Bancorp (NYSE:STL) vs. Sterling Financial (STSA)

Sterling Bancorp (NYSE: STL) and Sterling Financial (NASDAQ:STSA) are both finance companies, but which is the better investment? We will contrast the two businesses based on the strength of their dividends, profitability, risk, earnings, analyst recommendations, institutional ownership and valuation. Institutional & Insider Ownership 90.9% of Sterling Bancorp shares are held by institutional investors. 3.7% of Sterling Bancorp shares are ...

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