Two years after Silicon Valley Bank collapsed in March 2023, the banking sector remains mired in uncertainty. While regulatory actions were taken in the wake of the crisis, the core challenges that contributed to the collapse persist, and the system’s resilience is under scrutiny. — Regulatory Responses and the Status Quo In the immediate aftermath … Read more
Introduction In a significant financial development, Capital One Financial Corporation has agreed to pay $425 million to resolve a nationwide lawsuit alleging misleading practices in its savings account offerings. The settlement, pending judicial approval, marks a major step in addressing claims that the bank misrepresented interest rates, potentially harming depositors. The case highlights growing scrutiny … Read more
Remarrying in retirement can be a joyful chapter, but it often comes with unexpected financial hurdles, particularly when involving adult children and inheritance laws. For seniors over 65, remarriage after a death or divorce may trigger complex questions about wealth distribution, tax implications, and family dynamics. These issues can strain relationships and create legal disputes, … Read more