If your credit card statement shows a charge for something that never arrived, a purchase billed twice, or the wrong amount, federal law makes your card issuer investigate. Send a written dispute early enough to arrive within 60 days of the first statement showing the charge.
Shares of Bajaj Finance jumped around 3% on Wednesday as brokerages issued bullish calls for the stock, boosting investor sentiment after a 6% decline in one month. Bajaj Finance shares surged to Rs 1,038.60 apiece, rising over 3% in a week. The stock is currently leading gains on benchmark indices Sensex and Nifty, which are…
Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Replacing a legendary investor like Warren Buffett—who led Berkshire Hathaway for 60 years—might be one of the toughest acts ever to follow in corporate America. But that’s exactly the position Greg Abel is in, having taken over as…
Sammons Financial Group has launched Criterion, a new wealth advisory holding company under which its three registered investment advisors will operate. Criterion will bring together Beacon Capital Management, NorthRock Partners and Wealthcare, marking the next phase of Sammons’ expansion beyond its traditional insurance and annuity businesses. Criterion will have a combined $27 billion in assets…
Market risk experts doubt slated changes to new trading book rules will convince many banks to use internal models for calculating capital requirements to the same extent they have done under the previous prudential regime. “We are not returning [to] a broad, bank-wide, all-desks adoption,” said Alexandros Doukas, head of traded risk model validation at…
Want to hold a room? Give your words some breathing room.
Fintechs have expanded their financial services offerings to the point where many now resemble traditional financial institutions, but securing a U.S. bank charter has remained elusive for many. Although some fintechs have successfully navigated the charter application process, including stablecoin issuer Circle, Chime is taking a different approach. The digital-first bank is set to acquire…