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Robinhood unveils a 5% APY for Gold members, but how will users respond?

  • Robinhood's recent move to challenge traditional banks includes its increased savings offering, a 5.0% APY for Robinhood Gold Members. 
  • The stock trading platform appears to be in a precarious balancing act, grappling with the escalation of deposit strategies while facing a decline in both transactions and monthly active users.
Sara Khairi | November 20, 2023
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Robinhood unveils a 5% APY for Gold members, but how will users respond?

 

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Trump 2.0: Can Wall Street handle round two?

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The little-noticed side of TikTok finance: From off-the-wall money tips to fresh perspectives

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Sara Khairi | November 11, 2024
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What practices could differentiate banks in the talent war, even if they ruffle their feathers?

  • Reports of sudden deaths among young people, including One Direction's Liam Payne, have raised alarms. A recent case in the financial sector linked to brutal work hours has particularly gained attention and unsettled the industry.
  • Banks are keen to attract top talent through job fairs and internships, yet may miss out on addressing what employees value beyond salary.
Sara Khairi | November 04, 2024
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Banks are maturing in their AI journey, but is ROI still a distant goal?

  • We look at the progress banks have made on their journey toward AI maturity.
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It’s that time again: Q3 earnings insights from the banking sector

  • The headline-grabber was the resurgence of trading and investment banking among Wall Street's banks in Q3 — a clear bright spot in an otherwise challenging landscape.
  • Technology and digital banking continue to be pivotal focuses for various institutions, as evidenced by discussions during Q3 earnings conference calls. As digital banking takes off, which institution will wear the crown?
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