Industry

Digital-only banks will nab 6.5 out of 10 digital account openings in pandemic rebound

1 month ago   |   By Business Insider

Summary List Placement
The number of US bank accounts opened digitally declined sharply last year against the backdrop of the pandemic.
This year we expect account openings to surge during the return to normalcy as pent-up demand is unleashed.
Insider Intelligence publishes hundreds of research reports, charts, and forecasts on the Banking industry. Learn more about becoming a client.
The news: The number of US bank accounts opened digitally declined sharply last year against the backdrop of the coronavirus pandemic, per Insider Intelligence's recent report, Account Opening in the Next...
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71% of institutional investors say they will buy or invest in digital assets in the future - and over half already do, survey finds

71% of institutional investors say they will buy or invest in digital assets in the future - and over half already do, survey finds

1 month ago   |   By Business Insider

Summary List Placement 71% of institutional investors say they will buy or invest in digital assets in the future, and over half have already done so, according to a recent survey by Fidelity Digital Assets.
Investors in Asia are leading the way in terms of adoption of digital assets, but US and European institutions are following suit, by expanding their crypto-based offerings, according to the survey, which is part of Fidelity Digital Assets' 2021 Institutional Investor Digital Assets Study.
The survey of 1,100 institutional investors across Asia, Europe and the US found 90% of those...
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Bank of America says to buy these 6 stocks that will get the most juice out of the shakeup of Europe's energy market - including 3 that could soar at least 50% in a year

Bank of America says to buy these 6 stocks that will get the most juice out of the shakeup of Europe's energy market - including 3 that could soar at least 50% in a year

1 month ago   |   By Business Insider

Summary List Placement The European Union has recently launched its "Fit for 55" legislative package, which lays out a strengthened emissions reduction target of 55% from 1990 levels by 2030. With 27 member states and a population of an estimated 446 million , there is a wealth of opportunities for investors in the energy sector, according to Bank of America.
In a recent research note, the bank outlined how these revised rules have created unique prospects for investment, along with the six companies that stand to benefit the most.
"Two of them - impacting the carbon market and Renewable...
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Alleghany Corp : Price Down $-11.61 % Over Past Day, Down $-10.39 % Over...

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