Trying to outflank competition from neo banks and other potential challengers, two of Brazil’s largest financial services institutions, Bradesco and Itaú Unibanco, have invested in Quanto, a company developing technology to let retailers and other businesses access financial information and services. Joining Brazil’s two largest banks are Kaszek Ventures, one of Latin America’s largest venture…
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“Dancing with the Stars” dumped Tom Bergeron and Erin Andrews. The longtime ABC staple replaced them with – of all people – Tyra Banks. The show has officially “jumped the shark” – ABC may as well cancel it. “Dancing with the Stars” is done. Sure, the show got renewed for yet another season — except…
The Paycheck Protection Program gave banks $24 billion in fees. With interest rates back at zero, this one-time gain will be offset by declining interest revenue and compressed margins. Even worse, commercial real estate faces significant challenges as the economy retools. While earnings season is off to a rough start, banks are likely to have…
The FDIC is looking to lower reserve requirements for bank losses on derivatives. This is part of the “Volcker Rule” that came out of the last financial crisis. It’s great for bank shares now, but it will make any future trouble far worse. A few weeks back, the Federal Reserve said it was “nowhere near…
Political censorship from the world’s largest technology companies places elections at risk through manipulation of information, warned Rep. Jim Banks (R-IN), offering his comments on Thursday’s edition of SiriusXM’s Breitbart News Tonight with host Rebecca Mansour and special guest host John Hayward. Google, Facebook, Twitter, and other technology companies regularly deploy censorship of political speech…
Azealia Banks claimed she slept with Dave Chappelle. She’s also claiming to “expose” Dave East & Busta Rhymes. Banks is problematic and disturbed, and she needs to be canceled already. Azealia Banks has somehow escaped cancel culture. That’s the only reason she’s able to claim that she slept with Dave Chappelle in her latest, and…
U.S. lending standards have tightened considerably. Banks have become stingy despite low mortgage rates. A possible liquidity crunch is forcing banks to remain conservative. U.S. banks are tightening their purse strings as the novel coronavirus pandemic is putting millions out of a job. If you’re one of those thinking of taking advantage of low mortgage…
Banks are tightening mortgage lending standards. The housing market is in trouble as cash-strapped Americans could flood the market. A massive crash could erase trillions in home values in the coming months. The National Association of Realtors (NAR) tried to paint an upbeat picture about the U.S. housing market despite plunging sales of both existing…
The U.S. should use the United Nations International Court of Justice to hold China accountable and force the communist country to pay for the financial cost of mismanaging and covering up the extent of the novel coronavirus outbreak currently plaguing the world, Rep. Jim Banks (R-IN) told Breitbart News Saturday. Banks’ suggestion came after Sen.…
