Sat.Jun 01, 2024

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Security Deposits: Your Landlord May Owe You More Than You Think

The New York Times: Banking

Landlords are required to put security deposits in interest-bearing bank accounts. How much of that interest goes to you?

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Buy stocks like Nvidia and Apple, which have plenty of upside potential, Bank of America says

CNBC: Investing

The firm listed a slate of stocks that it says are worth buying and have room to run.

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The After math of a Private Equity Investment

Wizenius

The Private Equity infuses funds in a company against a stake in its business and returns at the time of its exit The after math of a PE investment varies depending on the nature of the deal 1) In most cases, a PE would like to introduce its member on the Boards/Management of the target company to ensure business growth 2) In case of a plain vanilla investment where PE acts as a passive investor, nothing much happens in the target company 3) In case of a distressed investment, a lot

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Utility stocks offer AI exposure and a hedge against a slowing economy at a good price, Goldman says

CNBC: Investing

Utilities have gained about 18% in the past three months, but the stocks remain relatively affordable.

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Top 3 Banking Secrets to Stay Relevant with Gen Z Consumers

Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert

In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant (or getting "ghosted") if they fail to meet the evolving needs of Gen Z consumers. Credit cards with flexible payment options, especially for young adults with little-to-no credit history, are a particularly important and valuable solution for this generation.

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Is Selling A Business Different For Different Industries

GillAgency

Selling a business varies significantly across industries due to unique characteristics, market dynamics, and regulatory considerations. Market demand and competition differ, influencing the need for extensive marketing efforts or attracting buyers. Valuation methods also vary; service-based businesses are valued differently from manufacturing or technology companies.

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Goldman weighs internal bounties to drive wealth management business

Financial Times - Banking

The bank is developing plans for referral bonuses based on a set formula despite opposition in its ranks