First Direct takes banking top spot, as millennials lead drive for ‘empathetic advice’

Roger Baird

First Direct took the crown for running Britain’s best consumer bank, in a poll that showed customers increasingly demanding more from high-street lenders. The online and phone bank, owned by HSBC, hit a score of 134 in a customer satisfaction poll organised by research group Kantar. A score of 100 rates as average. Building Society…

Zopa backer delays results ahead of new bank launch

Roger Baird

Zopa backer Augmentum Fintech pushed back the release of its own results, while the world’s oldest peer-to-peer lender races against time to raise up to £150m to secure its banking licence. London-listed Augmentum, led by partner and chief executive Tim Levene (pictured), said its half-year results, which had been expected tomorrow, will now be “delayed beyond the…

Alibaba Stock Price: Support Is Coming From All Business Segments

Siraj Sarwar

Alibaba (NYSE: BABA) stock price rebounded substantially after experiencing a bearish trend during the past two quarters. BABA shares are currently hovering close to a previous all-time high of $195. The stock price bounce back is supported by several factors such as trade war agreement, financial performance, and the broader market rally. Baba shares rallied…

Interview with eToro CEO: It is Inevitable Central Banks will Launch Digital Currencies

eToro is one of the largest and most popular multi-asset brokerage companies in the world. The firm focuses on social trading, free stock trading and crypto. In an exclusive interview with LearnBonds, the CEO of eToro Yoni Assia talked about the future of cryptocurrencies, and how central banks could start creating Central Bank Digital Currencies…

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Marijuana Stocks Soar After The House Passes SAFE Banking Act

State-legal marijuana businesses can now use banks alongside other financial facilities. This is after the U.S. House of Representatives passed the Secure And Fair Enforcement, or SAFE, Banking Act. The historic bill was the first independent marijuana legalization bill to pass. The law is geared towards protecting banks and other financial institutions from being held…