But this process can also lead to profiling, even and perhaps especially for people who opt out of data-sharing, suggests research by Stanford’s Zhiguo He, Texas A&M’s Jing Huang, and Yale’s Jidong Zhou. Even if consumers choose to hold their information close, algorithms can make inferences and apply those to a personal situation. In the
Russia’s economy is under threat from a potential banking crisis, companies withholding dividend payouts and a significant downturn in growth. The Kremlin-linked Centre for Macroeconomic Analysis and Short-Term Forecasting (CMASF) raised concerns about issues in the banking sector, including an increased likelihood of a run on banks. In a report this week, the CMASF highlighted
Starting July 1, major private sector banks like HDFC Bank and ICICI Bank will increase charges on various credit card and banking services. Both banks have informed their customers about the changes through official notifications. HDFC Bank has announced new charges for credit card users, especially for transactions involving online gaming, digital wallets, and utility
This article was written by Follow Over fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question for an article, just let me know! Analyst’s Disclosure: I/we
Erin El Issa | NerdWallet The investing information provided on this page is for educational purposes only. NerdWallet, Inc. does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. Banking misconceptions abound, according to a new NerdWallet survey. The survey of more than 2,000 U.S. adults, conducted
Our Nerds say: “The best checking accounts are designed to be used for all of your regular purchases and transactions, so make sure to pick one that has all of the features that matter to you. “If you need a flexible overdraft program, pick a bank that has low or no overdraft fees or a
Trevor Linden is one of six players to have their jersey numbers up in the rafters of Rogers Arena. The Vancouver Canucks legend was drafted 2nd overall in the 1988 NHL Draft by Vancouver and ultimately played with them for 16 seasons. He also served as part of the Canucks’ management from 2014 to 2018
MANILA, Philippines — The Bankers Association of the Philippines (BAP) has partnered with the Bankers Institute of the Philippines (BAIPHIL) to provide educational courses, enhancing the capability of the industry’s workforce. BAP president Jose Teodoro “TG” Limcaoco and BAIPHIL president Iñigo Regalado III led the signing of the memorandum of understanding (MOU) to upskill the
The State Bank of India Circle Based Officer (SBI CBO) Exam 2025 places significant emphasis on a candidate’s awareness of banking knowledge, including commonly used abbreviations and industry-specific terminologies. This section is not just crucial for scoring well in the objective test but also plays an important role during the interview and descriptive paper, where
Brendan Greeley’s piece on Federal Reserve profits (“Fed losses matter more in these unusual times”, On Wall Street, May 24) misapplies commercial banking logic to a sovereign monetary authority. The Fed isn’t a bank — not even a “special” one. Unlike private banks, the Fed faces no solvency constraints. It cannot run out of dollars,