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Department stores, like Nordstrom Inc. JWN, -0.65%, Macy’s Inc. M, +0.86%, Kohl’s Corp. KSS, +5.32% and Dillard’s Inc. DDS, +1.91% are at risk from what analysts call an “unprecedented” amount of merchandise. “First, retailers significantly overestimated consumer demand when it made inventory decisions for 2022,” UBS analysts led by Jay Sole said. “Second, consumer tastes […]
Your career at FCNB is enriched with daily opportunities to learn, innovate, and grow professionally in a supportive, stimulating, and flexible workplace. We offer a competitive total compensation package and exciting opportunities for professional development. We support our employees in maintaining their professional designations and provide technical updates on a continual basis for many of […]
The Financial and Consumer Services Commission (FCNB) has become aware that PrimeOakmont (https://www.primeoakmont.com), which claims to be a bitcoin-based platform offering leveraged trading on several digital assets, is accepting New Brunswick residents as clients. This entity is not registered in New Brunswick to provide such services. PrimeOakmont appears to be operating from the United Kingdom. […]
The adoption of sanctions places legally binding obligations on all individuals and entities The Central Bank is sharing information with business representatives regarding individual and firm-level obligations Sanctions breaches must be reported to An Garda Siochana Against the backdrop of Russia’s invasion of Ukraine and the introduction of EU Regulations relating to financial sanctions, the […]
IBAN discrimination is an issue across Europe as more firms offer financial services cross border The Central Bank has contacted regulated firms and business representative bodies in Ireland to reinforce all organisations’ responsibilities under SEPA Supporting consumer choice to choose a provider with a non-Irish IBAN is important as Ulster Bank and KBC exit the […]
Insuring for our Future Good afternoon, it is a pleasure to address you today.1 A well-functioning insurance market provides important benefits and supports for society as a whole. Insurance protects people from financial loss, should unforeseen events arise. At a macro level you have an important role in channelling savings into financial markets and ultimately […]