On Friday, Wells Fargo & Co. reported a surprising 23% rise in first quarter profit. However, the bank’s mortgage business has showed signs of slowing while net interest margins shrink as well. Wells Fargo, the fourth-largest U.S. bank, has been considered the leading home lender ever since the financial crises. The bank’s recent decline in… Continue Reading
Many financial firms are taking renewed interest in Asia thanks to its recovering economies. Morrison & Foerster, a leading Capital Markets firm in Asia, recently opened its fifth office in the region. The new Singapore branch will be headed by Eric Piesner, managing partner for Asia and head of the real estate practice for the… Continue Reading
Have you ever thought of taking some of that money you have just sitting in the cookie jar, or in the low-interest savings account, and investing it? The answer is probably yes, and the only reason you haven’t gotten around to it is that you just don’t know where to begin. Here are some tips… Continue Reading
The new year is merely days away, and resolutions abound. Fox Business has compiled a list of recommendations for college students as they struggle with finances, studies and career goals. Consider Student Loans Student loan debt can be paralyzing. It’s important to know the specific policies of the loans and repayment terms. Shelley Solheim of… Continue Reading
Though not covered by the Credit CARD Act of 2009, business rewards credit cards have a positive reputation amongst small businesses. According to the National Small Business Association, 37% of business owners are relying on credit to cover a portion of their costs. These credit cards feature expense-tracking tools that help organize and monitor company… Continue Reading
Warren Buffet, founder of Berkshire Hathaway, is one of the most successful investors today. His experience and wisdom are both something to emulate, and many of his quotes have inspired businesses and individuals in the past. “When we own portions of outstanding businesses with outstanding managements, our favorite holding period is forever” And: “Rule No.… Continue Reading
As the global economy flounders, making ends meet is often an exhausting, never-ending task. Though there are many factors in making a decent living, some primary keys to financial success are these: First, Deborah Fowles of About.com says “Get paid what you’re worth, and spend less than you earn.” Of course, the first tip seems… Continue Reading
An article in today’s ‘Times of Malta’ – quite fitting for International Women’s Day – is showing how the women of Malta are quite capable of succeeding unaided. An EU suggestion of special treatment of women has been rejected by the businesswomen of Malta, who believe that “gender imbalance at work should be addressed by… Continue Reading