Banking

Even if you’re only keeping modest savings in your bank account, you could make more significant gains over the long term by finding an account with a better rate.

Banks are paying up for savers' deposits in a much bigger way than they have in more than a decade, based on recent earnings reports from the nation's biggest banks.

Major private equity firms including Apollo and Blackstone are struggling to fundraise as easy money dries up and REITs begin to crumble.

Mass layoffs in 2023 have the diminished cybersecurity workforce and opened a door for cybercriminals to attack online banking, trading, investing and digital assets.

The Consumer Financial Protection Bureau (CFPB) disclosed that a former employee of theirs forwarded the confidential records of 256,000 consumers to their personal email account.

Revenue from Nasdaq's indexes, which are widely referenced by exchange-traded products and provide the company with licensing fees, fell 9.8% to $110 million.

Investment banks have suffered the most from a downturn in M&A activity as investors shunned risky bets against the backdrop of volatile markets and rapidly rising interest rates.

Fund managers surveyed by Bank of America are increasingly pessimistic about the U.S. economy following the collapse of Silicon Valley Bank in early March.

As banks collapse, the U.S. dollar is weakened by inflation and the Federal Reserve maintains its aggressive interest rate hike strategy, small and mid-sized companies are at risk.

The banking industry in the U.S. was thrown into turmoil last month as bank failures dented investor confidence, pressuring both stock and bond markets.

Apple and Goldman Sachs collaborate on new savings account with 4.15% annual percentage yield

Bank of America's net interest income, which reflects how much money the bank makes from charging interest to customers, rose 25% to $14.4 billion in the quarter.

Charles Schwab gave its spring business update on Monday, showcasing financial strategies used to beat Wall Street’s predictions for first quarter earnings.

Larry Fink, the CEO of BlackRock, predicted how many more times the Federal Reserve will raise interest rates while speaking to "The Claman Countdown."

During JPMorgan Chase's first quarter earnings call Friday, JPMorgan Chase CEO Jamie Dimon said he would not refer to potential of banks stopping lending as a credit crunch.

The Vanguard Group pulled in a net $25.7 billion into its exchange-traded (ETF) fund over the first quarter, fed by $19.1 billion of flows into its equity products.

Shares for JPMorgan Chase are higher on Friday after the multinational financial services company reported quarterly earnings that beat Wall Street predictions.

Some financial analyst worry that the commercial real estate industry is in danger due to the increase of vacant office space with the rise of remote work.

A top FDIC official said the agency could have moved more quickly to find a buyer for Silicon Valley Bank after it failed last month, suggesting a lack of urgency worsened the crisis.

Federal Reserve meeting minutes released Wednesday show that central bank staff expect financial sector upheaval to trigger a recession sometime this year.