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Financial Trends - Banking Exchange
We’ve all seen this movie before: Consumers discover a new way to buy more things in installments
The UK consumer price index has hit 9.4%, the highest rate seen since 1982
Goldman Sachs beat second quarter earnings expectations and set the tone for a potentially optimistic week for Banking stocks
Profit declined by 28% for second quarter for America’s largest bank while earning was 12 cents short of most analyst expectations
Although short-term inflation expectations have increased, expectations for medium-term and longer-term inflation have declined
Plus: New board appointments at Regions, Atlantic Union, Horizon, and First Merchants
Most of the 25 largest banks in the US have eliminated certain fees and amended overdraft charges, according to Pew research
JD Power research finds consumers are unhappy with financial advice provided by banks as broader satisfaction declines
Research indicates that underbanked communities feel the sector will change significantly in the next few years
Umpqua Bank’s research highlights the concerns of small businesses amid growing inflation
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