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LOANS CANADA AND EVEN FINANCIAL ANNOUNCE STRATEGIC PARTNERSHIP TO HELP CANADIAN BORROWERS


Even Financial (“Even”), the category-leading embedded finance marketplace, and LoansCanada.ca (“Loans Canada”), the leading loan comparison site in Canada, have announced a strategic partnership to help Canadian borrowers find optimal loans and credit solutions.”As the online financial services ecosystem continues to grow rapidly in both the US and Canada, the infrastructure for financial services providers to distribute


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CHINA FINANCE ONLINE CO. LTD. RECEIVES NOTICE OF DELISTING FROM NASDAQ


China Finance Online Co. Limited, a leading web-based financial services company that provides Chinese individual investors with fintech-powered online access to securities trading services, wealth management products, securities investment advisory services, as well as financial database and analytics services to institutional customers, today announced that it received a letter, dated January 19, 2022, from the


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5 TRENDS TO WATCH FOR IN CLIMATE-ALIGNED FINANCE IN 2022


Financial institutions will substantiate their climate alignment commitments As we begin 2022, we look ahead to some major themes likely to emerge this year.We also expect many firms will expand coverage of their target setting; many banks in the Net-Zero Banking Alliance must set interim (2030 or sooner) targets for their most emissions-intensive sectors this year. Read


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CANADIAN DOLLAR FALLS BELOW 1.25


The Canadian dollar continues to push higher and USD/CAD has dropped below the symbolic 1.25 line. The pair is currently trading at 1.2476 and is close to 1.2553, its lowest level since November 10th. US Treasury rates continue to move higher. After punching past 1.80% on Tuesday, a 2-year high, the 10-year rate has climbed


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BANK OF AMERICA PROFIT BEATS ESTIMATES ON LOAN GROWTH, M&A BOOST


Bank of America Corp reported a better-than-expected 30% jump in quarterly profit on Wednesday, driven by loan growth and record-breaking M&A volumes in its investment banking business.Flush with cash and emboldened by soaring stock market valuations, large buyout funds, corporates and financiers struck billions of dollars worth of deals in the fourth quarter, generating record


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WHAT IS A FINANCE CHARGE?


A finance charge refers to any cost related to borrowing money, obtaining credit, or paying off loan obligations. It is, in short, the cost that an individual, company, or other entity incurs by borrowing money. Any amount that a borrower needs to pay in addition to paying back the actual money borrowed qualifies as a


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VINSON & ELKINS LAUNCHES AVIATION FINANCE PRACTICE


Vinson & Elkins announced today that it has expanded its global Finance practice group with the addition of partners David Berkery and Niels Jensen, who between them have advised many of the world’s leading financial institutions, investment banks, airlines, aircraft leasing companies and private investors on all aspects of the acquisition, leasing, financing and trading of aircraft.


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TEN SIMPLE WAYS TO UPGRADE YOUR FINANCE FUNCTION IN 2022


2022 is here. Ready or not, here we come. Many entrepreneurs are fairly exhausted as the 5th wave of COVID contributes to ongoing waves of uncertainty. But believe it or not, opportunities will abound and don’t forget that “luck” is what happens when preparedness meets opportunity. Most entrepreneurs I meet are not thinking strategically about


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CANADIAN FINTECH FIRM LAUNCHES NIGERIAN ARM


Canadian fintech startup and credit assessment company, Periculum, has announced its launch in Nigeria. According to a statement, the company aims to tackle the challenge of domestic credit in underserved markets by automating credit assessment tools to close the consumer credit gap and help financial institutions provide credit facilities to the financially excluded. Read More