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Bank of America, Trust, and Wells Fargo are once again the top three in terms of local deposit market share. The three largest players in Richmond’s banking market are losing some of their control over local deposits. Bank of America, Trust and Wells Fargo each saw their share of deposits in the Richmond metropolitan area decline last year, according to statistics released this month by the FDIC. The trio, which has dominated the annual rankings for years, reported a combined $1.45 billion decline in local deposits as of June 30 compared to the same period last year. BofA, which consistently…

Pro Stock Studio / iStock.comWith the Federal Reserve’s first interest rate cut in a while, mortgage interest rates are starting to settle down. Although this appears to be starting to free up the housing market, there is a phenomenon known as the “lock-in effect” that could keep the housing market tight for some time.Essentially, people who bought a home at a low mortgage rate may be reluctant to sell, knowing that they are unlikely to get a home at such a low rate again.However, while inventory may be lower than usual, this does not mean you are not looking to…

The Houston Texans will face a rookie quarterback for the second time this season when they visit the New England Patriots during the Week 6 NFL schedule. Houston shut down Bears rookie quarterback Caleb Williams in Week 2, but he finished with just 174 passing yards and two interceptions while being sacked seven times. New England is giving No. 3 overall draft pick Drake Maye the chance to make his first career start, and the Texans are 6.5-point road favorites in Week 6 NFL odds. Houston is 0-7 all time on the road against the Patriots, but should we favor…

CINCINNATI (WXIX)—Findlay Market, one of six zones included in BLINK Cincinnati, features dozens of brand-new murals in the Market District, including a fiber art installation by Bombshells of Cincinnati .Bombshells of Cincinnati, a group of fiber artists who have been “yarn bombing” Cincinnati for more than a decade, will illustrate an installation called “Shady Lane” that will be installed at Jane’s Bar in Findlay Market. “Shady Lane is made up of 182 granny squares with colorful and whimsical hoops on either side. The work was completed by a Bombshell crew of 14,” said founding member Jen Edwards. said. “Although the…

Category: Cryptocurrency, Stream | Tags: AIMA, Cryptocurrency, Hedge Fund, Institutional Investor, Regulation, ResearchPosted by Colin Lambert. Last updated: October 13, 2024 AIMA’s 6th Annual Global Cryptocurrency Hedge Fund Report finds increasing optimism among hedge funds regarding digital assets thanks to regulatory clarity and the approval of crypto ETFs earlier this year has become clear. This report examines the current state and evolution of the digital asset hedge fund market over the past year by examining nearly 100 hedge funds (with a focus on both TradFi and cryptocurrencies) in Q2 2024 I’m doing it. The study was conducted by AIMA and…

What is going on here?Hurricane Milton devastated Florida’s east coast and had a major impact on the U.S. National Flood Insurance Program’s catastrophe bonds.What does this mean?The U.S. National Flood Insurance Program (NFIP) relies on catastrophe bonds to reduce the risk of extreme weather events, but Hurricane Milton challenges this approach. Those bonds, totaling $1.3 billion, have fallen 13% to 59% in just one week, Aon said. This sharp decline highlights the volatility that exists in insurance-linked securities (ILS). With the storm’s widespread flooding and tornadoes, Twelve Capital highlighted the difficulties investors face in assessing real-time impacts and potential bond…

WEST BEND, Wis. – Jim Sprouse, owner of Property Loss Management in West Bend, Wis., supports a variety of causes and has a servant’s heart when it comes to helping those in need. This week, the PLM team, along with its crew and right-hand man Isaac Wagner, gathered supplies needed to support hurricane relief efforts in the Carolinas. “My friend Nancy from the Random Lake Fire Department sent me a tip asking if there was anything lying around that I wasn’t using,” Sprouse said. “So we collected 1,000 cardboard boxes and any additional items we had at PLM that we…

Life of a Funeral Director See all company information FDL announced it has been approved to sell living life insurance in Virginia. Earlier this year, FDL was also approved in Michigan. The company is now licensed in 48 states and the District of Columbia. I am. “Our team is excited about this great news. We have a mission to be the best and most respected service provider for funeral professionals, and this news allows us to continue that mission. We partner with Virginia funeral homes to provide reliable and flexible pre-nee funeral services to improve their business and serve families…

Momo Production | Stone | Getty ImagesOnce you’ve decided that opening a Roth Individual Retirement Account for your child is a great idea, now comes the hard part. It’s about convincing your children to save for their distant future retirement instead of spending their hard-earned money. Here are some ideas for making your case to your child. While doing so, it’s also important to consider what counts as “earned income” for your child’s Roth IRA.How to get your kids started saving for retirementBy encouraging your children to save, you can achieve long-term financial success. Here are some ways to do…

The California Assembly Judiciary Committee on Tuesday approved a bill proposing new regulations for how landlords manage security deposits, while also seeking to introduce new limits on tenant screening fees. The bill now heads to the floor of Congress after its drafters agreed to make several important amendments. congressman laurie wilson As it stands, AB 2785 by Rep. Lori D. Wilson, D-Suisun, would cap rental application fees at $50. The cap represents a significant change from current law, which adjusts fee caps based on the Consumer Price Index (CPI). The proposed cap is a significant departure from a 1996 law…