The AI-scare trade is finally hitting banks. Bargain-hunters should take note.
In an era of higher interest rates, banks have reaped big profits due to consumers’ reluctance to move money out of low-interest checking accounts that offer convenience and ready access to money.
Overview
In an era of higher interest rates, banks have reaped big profits due to consumers’ reluctance to move money out of low-interest checking accounts that offer convenience and ready access to money.
Source
Originally published at www.marketwatch.com.
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