May 6, 2024
Loans

PLACEMENT OF A 821.6 MILLION EURO SECURITIZATION BACKED BY GERMAN AUTO LOANS

RCI Banque 20/03/2024 PLACEMENT OF A 821.6 MILLION EURO SECURITIZATION BACKED BY GERMAN AUTO LOANS Mobilize Financial Services Group announces the placement of a securitization backed by auto loan originated by its German branch. The FCT Cars Alliance Auto Loans Germany V 2024-1 has placed 800m€ of Senior notes and 21.6m€ of subordinated notes. These

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Investment

11 Best Diversified Bank Stocks to Invest In

In this article, we discuss the 11 best diversified bank stocks to invest in. If you want to skip our detailed analysis of these stocks, go directly to 5 Best Diversified Bank Stocks to Invest In.  The coming months could prove to be challenging for banking stocks as the central bank in the United States

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Funds

These Mutual Funds Target Seniors Worried About Outliving Their Savings

Figuring out how much you can safely spend each year is an especially fraught question for retirees worried about outliving their savings. Life span and health status are variables no one can plan for. Despite saving consistently and investing diligently over a lifetime, retiring into a market downturn or unexpectedly needing expensive medical treatment can

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Crypto

Bitcoin Drops Near 10% in Crypto Correction. How Far Prices Could Fall.

Bitcoin and other cryptocurrencies fell on Friday in what looked like a short-term correction after a red-hot rally in digital assets. Prices could fall further even as traders continue to be bullish on the outlook for cryptos in the months ahead. The price of Bitcoin dropped 6% over the past 24 hours to below $68,000,

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Crypto

Coinbase Stock Has Soared. Why the Crypto Platform’s Shares Could Keep Rising.

Coinbase , one of the hottest stocks of the past year, still has room to run, according to some analysts. The trading platform’s shares continue to ride the wave of enthusiasm over financial advisors and institutions’ growing adoption of Bitcoin and other cryptocurrencies. Coinbase Global stock has been one of the top performers of the

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Finance

New Bitcoin ETFs Are Raking in Cash But Not From Financial Advisors. Here’s Why.

The new crop of exchange-traded funds offering direct exposure to Bitcoin may have accumulated billions in new assets in the two months since they hit the market, but experts say that’s not because advisors have suddenly jumped on the crypto bandwagon. Most advisors aren’t permitted to talk to clients about the so-called spot Bitcoin funds,

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Funds

Retired Investors Can Benefit From Actively Managed Funds. It’s All in the Timing.

Many advisors are turning away from mutual funds in favor of exchange-traded funds and separately managed accounts to build client portfolios. But not Jeff Leonard, founder and managing partner of Leonard & Martens, a 25-year-old Anchorage, Alaska, practice under the Raymond James umbrella with $1.2 billion in assets under management. Leonard has tried SMAs and

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Crypto

Bitcoin briefly hits an all-time high, less than two years after FTX scandal clobbered crypto

NEW YORK — NEW YORK (AP) — Bitcoin has hit an all-time high less than two years after the collapse of the crypto exchange FTX severely damaged faith in digital currencies and sent prices plunging. The world’s largest cryptocurrency jumped 4% this week and briefly surpassed $68,800 Tuesday, according to CoinMarketCap. That’s just above bitcoin’s

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Loans

Assumable mortgages are easier to find in these cities — but there’s a catch

Assumable mortgages, or home loans that pass on their mortgage rate from a home seller to a buyer, are considered an attractive option these days: They effectively allow buyers to inherit a far lower interest rate at a time when mortgage rates are higher than 7%. And while these loans are relatively hard to find

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Funds

U.K. pension funds to disclose domestic investment as U.K. stock market falters

Last Updated: March 2, 2024 at 6:36 a.m. ET First Published: March 2, 2024 at 6:31 a.m. ET Chancellor Jeremy Hunt on Saturday said U.K. pensions will have to disclose how much they have invested domestically, in a move meant to boost the faltering U.K. stock market. Under the plan, defined contribution funds by 2027

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