Sun.Jul 07, 2024

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Here is the Cost and Risk of Lending Optionality

South State Correspondent

Optionality is defined as a state in which choice or discretion is allowed. In finance, optionality is an asset (has value) for the person who an exercise the option, while the person who gave the option has the liability. Selling options for above their value can be a profitable business for banks and brokers, but giving away options is a money losing proposition.

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TMNL adapts its operations to the AMLR

The Paypers

Transaction Monitoring Netherlands (TMNL) has welcomed and adapted its business model and operations according to the EU's new Anti-Money Laundering Regulations (AMLR).

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How BofA Is Driving to be ‘Local’ in More Markets

The Financial Brand

This article How BofA Is Driving to be ‘Local’ in More Markets appeared first on The Financial Brand. Physical presence married to digital innovation — plus an expanding role for the Erica virtual assistant — help BofA expand and grow. This article How BofA Is Driving to be ‘Local’ in More Markets appeared first on The Financial Brand.

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EIF and kompasbank to provide EUR 175 mln in SME loans

The Paypers

The European Investment Fund ( EIF ) and Danish corporate bank kompasbank have signed portfolio guarantee agreements to provide at least EUR 175 million in loans to Danish SMEs.

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If It Aint Broke, Don’t Fix It: A Dangerous Mindset

Time and time again we tell ourselves and others NOT take action on something that is not "broken." We apply that mindset at home and at work. Sometimes, it doesn’t work out so well. Because when it's truly broken, it's usually an emergency, costs more and causes stress. Join us in this webinar where we share ways where you are able to anticipate your needs, understand benefits that you will get from getting better now instead of later, and relieving your team of tasks that they don't need to be