Post Tagged with: "Income"

Income: Any Fintech to Fill in the Supply Shortage?

Income: Any Fintech to Fill in the Supply Shortage?

by August 10, 2016 at 1:00 am 1 comment

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

CIT Sees Significant Growth in Online Deposits

CIT Sees Significant Growth in Online Deposits

by July 24, 2013 at 1:06 pm 0 comments

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