How to earn Income from financial assets has become the million dollar question. It seems that one has to choose a significant trade-off between income and credit risk, liquidity risk or interest rate risk. Welcome to a world in which Disney just placed $2billion of corporate bonds-notes ranging from 3yrsRead More
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Online banking is booming for CIT Bank. The financial services company yesterday reported that it had secured $11.1 billion in new deposits last quarter, of which $6 million, or 54%, came through the online channel. During the same quarter in 2012, but 20% of CIT Bank’s deposits came from itsRead More