The Only Resolution Banks And Credit Unions Need To Make In 2019

21/01/19 04:34 PM By Nico - Comment(s)

Tis the season for New Year’s resolutions--and that’s just as true for banks and credit unions as it is for their consumers. While most financial institutions will start 2019 with a laundry list of key initiatives and goals to pursue in the coming year, there’s just one resolution they need to make ...

Volatility is back. It was just hibernating

08/01/19 10:54 AM By Nico - Comment(s)

New York (CNN Business) Volatility is back. It's a shock for stock market investors who have enjoyed predictable returns over the past decade. In seven of the past nine years, the S&P has boasted double-digit returns. In 2017, the S&P 500 returned 22%.

For buy-and-hold younger workers,...

Nonprofit groups in watchdog’s sights

08/01/19 10:50 AM By Nico - Comment(s)

NONPROFIT OUTFITS in the Philippines have become channels for funds from illegal activities, the Anti-Money Laundering Council (AMLC) said in a report, citing over P600 billion worth of transactions involving corruption and fraud over the past five years.

There is a “medium” threat for non-profit org...

Huawei: The rapid growth of a Chinese champion in five charts

11/12/18 11:41 AM By Nico - Comment(s)

Huawei is the poster child for China's dynamic tech sector. It has grown phenomenally in recent years, from a small manufacturer of telephone exchange switches, to become a global leader in the tech industry.

While the brand is familiar to many from its mobile phone handsets, Huawei has its finger in...

Deutsche Bank headquarters raided over money laundering

04/12/18 02:18 PM By Nico - Comment(s)

The Frankfurt headquarters of Deutsche Bank have been raided by prosecutors in a money laundering investigation.

Germany's public prosecutor alleged that two staff members have helped clients launder money from criminal activities.

Police cars were seen outside the tower blocks that house the headquar...

A tax-efficient way to grow your investments and give to charity

04/12/18 02:04 PM By Nico - Comment(s)

A donor advised fund is a relatively simple, flexible and tax-efficient way to grow your investments and give to charity.

I've heard a lot about donor advised funds. Are they a good way to structure my charitable giving while getting tax benefits?


A donor advised fund is a relatively simpl...

The Worst Is Still Ahead For Investors

04/12/18 02:00 PM By Nico - Comment(s)

Currently, investors hear that “only recessions cause bear markets.” That is incredibly false and perhaps intentionally deceptive.

Is economic growth the cause of stock market growth? Is a recession necessary to cause a bear market? Is this a correlation that will allow you to get out of stocks in ti...