Deposit Rates news and trends

Hong Kong’s First Neobank Lures Consumers With High Deposit Rates

January 13, 2020
JPMorgan Will Raise Big Client Deposit Rates
News // December 29, 2015

In the wake of rising rates — the shot across the bow that came mid-month as the Federal Reserve pushed through a 25 basis point increase — JPMorgan Chase is following suit. As The Wall Street Journal reported Monday (Dec. 28), the banking giant will...

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Hong Kong’s First Neobank Lures Consumers With High Deposit Rates

January 13, 2020
The first in a new line-up of 10 digital-only banks in Hong Kong has sweetened its consumer appeal with a 6 percent introductory rate for deposits. ZA Bank will pay a select depositors more than 3 percent above other banks, such as HSBC and Standard Chartered, according to Bloomberg. Hong Kong is experiencing other business […]

JPMorgan Will Raise Big Client Deposit Rates

December 29, 2015
In the wake of rising rates — the shot across the bow that came mid-month as the Federal Reserve pushed through a 25 basis point increase — JPMorgan Chase is...