Banking

Ally review: Earn high interest rates and contact live customer support 24/7 thumbnail

Ally review: Earn high interest rates and contact live customer support 24/7

Alyssa Powell/Business Insider Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, like American Express, but our reporting and recommendations are always independent and objective.Ally (Member FDIC) pays competitive interest rates on savings and CDs, but you…

Trump ends Hong Kong trade preferences, backs banking sanctions thumbnail

Trump ends Hong Kong trade preferences, backs banking sanctions

By Shaun TANDON (AFP)     Jul 14, 2020 in World US President Donald Trump on Tuesday stripped Hong Kong of preferential trade treatment and authorized sanctions on banks over China’s clampdown in the financial hub, infuriating Beijing which vowed to retaliate. In a discursive news conference dominated by attacks on his domestic rivals, Trump…

The Wildly Unequal “Shecession” thumbnail

The Wildly Unequal “Shecession”

When the pandemic lockdowns in the United States first began, there were troubling signs that women would bear the brunt of the coming economic collapse. As layoffs started, more women than men lost jobs; by April, unemployment was almost 3 percentage points higher for women. A few months later, those gender disparities appear to have…

Remote Work Won’t Save Us thumbnail

Remote Work Won’t Save Us

A hallway room in the back of my childhood home contained the sewing machine and, beginning in the mid-1990s, a succession of computers. The first computer wasn’t even a computer; it was a monochrome word processor and printer. Then an uncle gave us a Macintosh 128k, a small boxy Apple personal computer with a floppy disk…

The best rewards checking accounts right now thumbnail

The best rewards checking accounts right now

Back to Top A white circle with a black border surrounding a chevron pointing up. It indicates ‘click here to go back to the top of the page.’ Back To Top Credit card reviews Best rewards credit cards Best cash back credit cards Best airline credit cards Best small business credit cards How to increase…

Bank of America's equities division just shook up its senior leadership twice in one week. Here's our latest exclusive org chart. thumbnail

Bank of America’s equities division just shook up its senior leadership twice in one week. Here’s our latest exclusive org chart.

Business Insider has been mapping out the power structure in the global banking and markets businesses overseen by Bank of America Chief Operating Officer Tom Montag — one of the most powerful executives on Wall Street.Of the three major investment-banking groups, equities is the smallest, accounting for $4.5 billion in revenue last year.It’s also more…

Everything you need to know about Fola Adeola, Co-founder, GTBank Plc thumbnail

Everything you need to know about Fola Adeola, Co-founder, GTBank Plc

Owning a successful bank is not a mean feat for anybody to achieve, and owning one while being in one’s early 30s makes it even more exceptional. It takes grit, ambition and business acumen to pull off such an achievement, and these are all traits that Fola Adeola had in excess when he established his bank in the late 80s.  In this week’s Founder’s Profile,…