HSBC Logs Sharp Jump In Q4 Profit, Flags Special Dividend

HSBC Logs Sharp Jump In Q4 Profit, Flags Special Dividend

Feb 21, 2023

HSBC Holdings PLC (LON:HSBA) logged a sharp jump in its fourth-quarter profit on Tuesday as rising interest rates greatly boosted its net interest income, while the bank also flagged a special dividend on the sale of its Canadian business. HSBC’s profit before tax

Read More
CFPB Study Outlines Need for “Buy Now, Pay Later” Rules

CFPB Study Outlines Need for “Buy Now, Pay Later” Rules

Sep 24, 2022

Researchers found BNPL often relies on data collection and other consumer risks. The Consumer Financial Protection Bureau (CFPB) is gearing up to place the same type of stringent protections it places on credit card companies on the “Buy Now, Pay Later” (BNPL) industry,

Read More
California to Tax Biden’s Student Loan Forgiveness

California to Tax Biden’s Student Loan Forgiveness

Sep 12, 2022

What makes California’s decision somewhat surprising is that even though its existing statutes indicate taxability for student loan forgiveness, state consensus previously ran in the opposite direction. Nevertheless, according to the Tax Foundation, it has confirmed that discharged student loan debt will be

Read More