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Oregon Business - Building Back Trust

Building Back Trust
Financial institutions woo wary millennial customers by sharing their values and providing a personal touch.
It may come as no surprise that millennials are skeptical of financial institutions. Hefty student loans mean that many adults between the ages of 24 and 39 have come into large amounts of debt, even before they join the workforce.
Millennial activists were primary drivers of the Occupy Wall Street demonstrations in the wake of the 2008 financial crisis. As working people struggled, millennials saw large financial institutions receive government bailouts and few penalties for reckless behavior.
Recently, young people made a newsworthy splash in the financial world with the digital-trading app Robinhood. By trading shares with one another, Robinhood users were able to drive up stock prices for video game retailer GameStop, a company that suffered substantial losses due to COVID-19 restrictions. ....

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Angel Broking Registers Record Growth in Feb'21

Angel Broking Registers Record Growth in Feb 21
Saturday, March 13, 2021 10:00AM IST (4:30AM GMT)
Doubled client base to 3.75 million in 11 months

Mumbai, Maharashtra, India:
Angel Broking, one of the largest brokerage houses in the country, continues to witness record operating parameters in February 2021. The company has more than doubled its client base to ~3.75 million clients in February 2021 from ~1.82 million in FY20.
The digital first approach has enabled Angel Broking to deepen its penetration further into Tier 2, 3 and beyond cities and accelerate its gross client addition. In February 2021, the company achieved highest gross client addition of just over 0.29 million customers, translating into 350.1% YoY growth. This was the third consecutive month where it added more than 0.20 million clients in a month and third consecutive quarter where over 0.50 million clients were added in a ....

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Jon Fortt: Robinhood Grilled: Lessons from the GameStop Craze, Lawmakers Eye Changes, A Cloud Veteran Turns CEO + More

Jon Fortt: Robinhood Grilled: Lessons from the GameStop Craze, Lawmakers Eye Changes, A Cloud Veteran Turns CEO + More
LinkedIn
2/19/2021
After the
Reddit-driven phenomenon that drove some stocks higher last month, various parties are trying to make sense of it all, including Congress and journalists. There are plenty of lessons here, and some of them are already clear; so the theme this week is
Robinhood Grilled.
Should Congress make rules to force changes at
Robinhood? Or should lawmakers back off? I argued both sides in this week’s edition of On the Other Hand, on CNBC s Squawk Box:
+
The Sheriff Steps In: Congress Looks at Trading Apps and Data ....

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REFILE-GameStop frenzy sparks fresh investment in stock-trading apps

The recent trading frenzy centered on GameStop Corp and other “meme” stocks is sparking a wave of investor interest in start-ups aiming to mimic the success of Robinhood Markets Inc, whose no-fee brokerage app has helped drive a trading boom. ....

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CNN CNN Newsroom With Poppy Harlow and Jim Sciutto January 20, 2020 14:43:30

Transcripts for CNN CNN Newsroom With Poppy Harlow and Jim Sciutto 20200120 14:43:30
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