Monthly Archives

June 2022

Banks are still not your friends

Alex Mashinsky liked to tell people that "banks are not your friends". Banks have stopped caring about their depositors, he said, and haven't innovated since the ATM, a line he borrowed from former Federal Reserve Chairman Paul…

Buy a house with money

If you're shopping for a home, especially in a booming market like this, you may hear of people bidding cash to buy properties in your area. There are many benefits to buying a home with cash, including making your offer more attractive to…

Padma Bank gets massive waiver

Bangladesh Bank yesterday granted a new waiver to Padma Bank allowing it to maintain a lower amount of liquid assets requirement to allow the troubled lender to improve its balance sheet and attract foreign investors. The central bank had…