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Will Norfolk bank closures lead to cashless society?

The Bungay branch of Barclays Bank is set to close. - Credit: Nick Butcher By the end of the year the East of England is predicted to have lost 264 bank branches in just six years.  Customers are increasingly carrying out their transactions online, with 12 million people opening an account with a digital-only bank in 2019, according to comparison site Finder. Likewise, consumers are ditching the ATM in favour of their mobiles, and the pandemic will only have sped up this change.  In 2019 j...
United Kingdom Scott Mowbray Dan Bennett Dan Mobbs Barclays Bank Lloyds Banking Group

This Investor Argues Fannie Mae Common Shares Are Worth $40

This Investor Argues Fannie Mae Common Shares Are Worth $40 The Supreme Court takes up the case of Fannie Mae and Freddie Mac this week, and their common shares rallied after opening statements. One investor tells ValueWalk he believes Fannie Mae and Freddie Mac common shares would be worth $40 if all the stars align for shareholders. However, Tim Pagliara of CapWealth Advisors, who also owns shares of the GSEs, says not so fast. He says there’s definitely upside to the shares, but things m...
New Jersey United States Freddie Mac Tim Pagliara Fannie Mae Dan Mobbs

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