The Federal Reserve just cut interest rates by a quarter of a percentage point. While that should affect rates throughout the ...

Lenders reportedly benefited from higher yields on deposits held at the Fed while paying relatively low rates to many savers.

The scheme offers an interest rate of 7.4 per cent per annum. The interest is paid out monthly, ensuring a steady flow of ...

(NYSE: FI), a leading global provider of payments and financial services technology, today announced it has signed a definitive agreement to acquire StoneCastle Cash Management. StoneCastle enables ...

The highest money market account rate available today is 4.89% Changes from the Fed or your bank can quickly change money ...

C ertificates of deposit (CDs) often offer the best rates for savings. However, to get the highest annual percentage yield ...

With the help of the Federal Reserve, US banks are offering loans at higher rates than the interest they pay to depositors ...

For decades, the financial world has been controlled by gatekeepers who profit from other people’s money. Banks pay ...

We examine the implications of sleepy deposits and their impact on competition, bank value, and financial stability in the US banking sector. We first document the shopping behavior of depositors ...

A client of mine, John, called last month asking what he should do with some extra cash sitting at a local bank. I asked what ...

For more than a decade, millions of Indians who parked their hard-earned savings in Sahara’s cooperative societies have been living in uncertainty. Many were daily-wage workers, small traders, and ...

The Supreme Court has approved the release of Rs 5,000 crore from the Sahara-Group-linked SEBI account to repay depositors. This decision extends the deadline for disbursements to December 2026. Over ...