Hedge funds can take much bigger risks than banks because they raise capital from investors who often agree to “lock up” ...

There’s little competition here,” one businessman said. “Any time you have competition you’re gonna have better opportunities for the consumer.” ...

On March 31, a federal judge ordered the national bank to pay the Federal Deposit Insurance Corporation, also known as ...

A federal judge has ordered Bank of America to pay more than $540 million to resolve long-running litigation from a U.S. regulator that alleged the company underpaid mandatory assessments for deposit ...

Across the pond, Nasdaq 100 futures are down 1.4%, with those for the S&P 500 0.8% lower, while Dow Jones futures are sitting 0.2% in the red. UK house prices in February remained the same as the ...

PostFinance is closing accounts held by Swiss citizens in Cuba – an example of the banking headaches facing Swiss living abroad. The US president is also a factor.

A woman is going viral after sharing the nightmare scenario of having her Bank of America account completely drained—and how ...

That gain followed a 12.1% decline for the large-cap U.S. benchmark stock index through Tuesday from when Trump made his initial "liberation day" tariff announcement after the close on April 2. Then, ...

The Banking Association South Africa also dodged the issue, stating, “The closure of bank accounts is a matter between individual banks and their customers. Any queries should be directed to the ...

Zelle killed off its free mobile app, but many banks still support its digital money transfers. There are tons of digital ...

According to a poll from the American Psychiatric Association, financial issues are the No. 1 cause of anxiety for Americans: ...

Bank of America is set to close accounts deemed 'abandoned' starting April, impacting millions. Accounts inactive for three years face closure, aligning with state escheatment laws. Customers must act ...