Difference Between Investment Bankers & Money Managers
The U.S. News and World Report publishes an annual list of the best business jobs. Among the positions that look promising for money managers are accountant, financial adviser, financial analyst and financial manager. Investment bankers aren’t mentioned on the USNFP list, but ...
M1 Economics Definition
It seems like such a simple question: How big is the U.S. money supply? But as with a lot of things in economics, the answer depends on the definitions you use. The government definition of the money ...Read More
Joint Checking Account Laws
In every state, two or more people can open a joint checking account by putting their names on the same account. Joint checking accounts are particularly common between spouses. Since these accounts ...Read More
Is an IRA Rollover FDIC Insured?
Turmoil in the stock market and bank failures worry people, especially anyone who has a bank handling their IRA account. If you move money out of one IRA into another, keep in mind the rules on FDIC ...Read More
How Does Renewing a Loan Work?
Whether you have a balloon loan, home equity line of credit or a business loan, you'll need to take steps to renew that loan if a balance remains at the date of maturity. The bank will review your ...Read More
What Is the Fee for a Letter of Credit?
Depending upon the specific type of letter of credit you choose to use, you will likely be forced to pay various fees. Generally speaking, the fee for obtaining a letter of credit will be influenced ...Read More
5 Ways to Derail Your Loan Approval
Much of what it takes to get a loan is not just having enough income, it's also about presenting your records in a professional way at the right time. If you prepare yourself, you can avoid common ...Read More