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Home : Canada : Are variable-rate mortgages a better deal? Are variable-rate mortgages a better deal? Date: Monday Oct.
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Citigroup paid $390.2 million to 21 people, an average of $18.6 million each, the records released Oct 22 show.
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A shake-up of the current account market is in prospect as high-street banks, under pressure over their charges, consider revenue-raising schemes
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With all the fuss being made over Rochdale Securities analyst Dick Bove's downgrade of Wells Fargo Wednesday afternoon and the subsequent selloff in the bank's shares, a look at the stock's technical situation seems in order.
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Shares of Synovus Financial Corp. tumbled on Friday after the southeastern regional bank's continuing credit troubles triggered a wider-than-expected third-quarter loss, leading analysts to cut forecasts for future earnings.
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Millions of instant access savers will be entitled to receive two months' written notice of cuts to interest rates on their accounts from November 1
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Bernanke talks about too big to fail. Mr. Bernanke, speaking at a Federal Reserve Bank of Boston meeting Friday on Cape Cod, said he would prefer "a more subtle approach without losing the economic benefit of multi-function, international firms." His comments came in response to a question from former Bank of England Deputy Governor John Gieve .
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Savers continue to be rewarded for tying up their cash in fixed-rate bonds with returns of up to 5 per cent, but instant access accounts still offer as much as 3.3 per cent
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Shares of PNC Financial Services Group Inc. soared Thursday after the nation's fifth largest bank said its profit grew sharply during the third quarter, even as loan losses rose.
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Bank of America Corp. has reportedly sold First Republic Bank, a private bank it inherited from Merrill Lynch&Co., to a group of investors for more than $1 billion.
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