Banks are offering the promotional rates to attract deposits. Given concerns about the economy, it’s unclear how long banks will continue to reward savers.
Tag: Citigroup Inc
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Jamie Dimon Reprises 2008 Role as Rescuer of a Failing Bank
The JPMorgan chief executive led an effort to raise $30 billion for First Republic, but no one is sure if it did any good.
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Tesla Bulls Take Heart From Strong Profits
Shares in the electric carmaker continued to rally after the company reported strong profits, even amid growing competition and economic pressures.