Bank of America put out a mixed quarter, exceeding estimates on EPS and missing on revenue and one of its main drivers, net ...

Analysts expect net interest income — the difference in what banks pay depositors and what they earn on loans and investments ...

Wells Fargo said lower interest income in its markets business led to the NII forecast cut. Analysts and investors had been ...

It may make sense to switch to another income-driven repayment plan, but you do not have to make the move by Aug. 1. Here's ...

Starting July 1, tax on interest income will increase to 20%, a move the government claims is meant to “ promote equity and ...

The Federal Reserve may cut interest rates later this year, which would mean lower rates on savings, loans, and more. Here ...

The Department of Finance clarifies that the 20% tax under CMEPA applies only to bank interest income, not to savings. The reform aims to fix unfair tax breaks for the wealthy and streamline ...

Investors seeking stability amongst changing rates should certainly consider these three TSX stocks.

MS Q2 earnings are likely to have risen y/y on strong trading and higher NII, though underwriting and advisory fees may weigh ...

Public backlash is growing over parts of the Capital Market Efficiency Promotion Act (CMEPA), particularly provisions on taxing interest from bank deposits. And the Department of Finance (DOF) has ...

The value of cash is eaten away by inflation, so one way to protect your overall wealth is to make sure your savings are earning a greater rate whenever possible - right now, that means at least 3.5 ...