Remove America Remove Capital Remove Millennials Remove Taxes
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Despite Plenty Of Concerns, SMB Optimism Holds Fast

PYMNTS

Small business owners have a lot on their plates today and, depending on who one asks, top concerns range from taxes to late invoice payments. Luckily, research from Bank of America, Wells Fargo, Capital One and others often point to one thing: Despite the challenges, small businesses are optimistic. Eighty-one percent of U.S.

Taxes 105
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Can Non-U.S. Residents Open U.S. Brokerage Accounts to Trade Stocks?

MyBankTracker

resident, living in America or living in your own country, and you can buy and sell U.S. Additionally, you’ll likely end up being asked to sign a W-8BEN (also known as the Certificate of Status of Beneficial Owner for United States Tax Withholding and Reporting form). If it does, you might end up paying higher taxes.

Taxes 52
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From Investing To Budgeting, How Millennials Are Disrupting Personal Finance

CB Insights

While the media often portrays millennials as preoccupied with the rising prices of festival tickets and avocado toast, their real financial concerns are a bit more practical. But millennials face significant headwinds in making those financial dreams a reality. get the REPORT on next generation investors. From big banks to big tech.

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What The Climbing Debt Defaults Really Mean For The Economy

PYMNTS

Capital One , for example, opened the year with earnings that reflected higher quarter-over-quarter and year-over-year defaults, and a jump of 5 percent in credit loss provisions. Last year, Citigroup, JPMorgan Chase, Bank of America and Wells Fargo suffered a combined $12.5 percent in 2018 — up from the 4.32

Lending 105
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How 60+ Startups Are Disrupting Retail And Commercial Banking Around The World

CB Insights

See which startups are helping JPMorgan, Bank of America, and Citi build the digital banking platforms of the future. Both have access to significant financial capital to scale far beyond what’s available to even well-funded startup challengers. Millennials. DOWNLOAD THE 61-PAGE consumer banking REPORT. savings accounts.

Retail 78
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The 2018 GonzoBanker Awards

Gonzobanker

This award goes to Capital One for making bold moves on exiting the mortgage and online brokerage businesses and refocusing efforts on its core card and banking businesses. Capital One quit mortgage late in 2017. This one goes to Zillow for its November acquisition of Mortgage Lenders of America. the team convinced me to buy.”.

Fintech 105
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Killing The I-Bank: The Disruption Of Investment Banking

CB Insights

In the US, legislation emerged to forbid investment banks from prop trading, or trading with their own capital, and forcing them to keep more capital on hand. However, the model doesn’t currently allow companies to issue new shares, meaning that DPOs do not raise any capital for the company. STAYING PRIVATE.