SkylitEnchantment
Mon Sep 16 2024
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7 answers
1275
Do banks use ROA?
I understand that Return on Assets (ROA) is a commonly used metric in finance to evaluate a company's profitability. But, I'm curious to know, do banks specifically use ROA as a measure of their financial performance? If so, how do they utilize it in their decision-making processes and what does it reveal about their overall health and stability? Is there a particular benchmark or industry standard that banks aim for when it comes to their ROA?
Leonardo
Sat Sep 14 2024
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7 answers
1234
What banks give the best exchange rate?
Excuse me, I'm wondering if you could help me with a question regarding exchange rates. I'm in the market for converting some of my assets into a different currency and I'm curious, what banks or financial institutions tend to offer the most competitive exchange rates? Are there any particular factors I should be considering when choosing a bank for this purpose, or is it mainly a matter of shopping around and comparing rates? I'd appreciate any guidance you can provide on this matter.
Daniele
Fri Sep 13 2024
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6 answers
890
Can banks stop you from buying crypto?
I'm curious, can banks actually prevent individuals from purchasing cryptocurrency? It seems like a growing trend in the financial world, and I'm wondering if traditional banking institutions have any say in the matter. Are there any regulations or policies in place that might hinder someone's ability to invest in digital currencies? I'd love to hear your thoughts on this topic.
Elena
Fri Sep 13 2024
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5 answers
1087
Why do banks charge an inactivity fee?
Can you explain the rationale behind banks imposing an inactivity fee? It seems counterintuitive to charge customers for not actively using their accounts. Are these fees a way for banks to recoup costs associated with maintaining dormant accounts, or is there another motive at play? How does this fee impact customers, particularly those who may not be aware of the policy or struggle to maintain regular activity in their accounts?
WhisperInfinity
Fri Sep 13 2024
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6 answers
1262
Do banks pay back scammed money?
I'm curious, do banks typically reimburse customers who have fallen victim to scams and lost money as a result? It's a growing concern with the rise of digital transactions and cybercrime, and I'd like to know if there are any protections in place for unsuspecting victims. Does the process differ between different types of scams, and what are the typical steps one would need to take to pursue reimbursement from their bank?
