The new Capital Markets Efficiency Promotions Act (CMEPA) does not impose new taxes, the Department of Finance said Thursday, adding it standardizes the tax rate on interest income "to correct an ...

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 ...

Swedish private equity group EQT AB reported better-than-expected underlying profit in the first half of 2025 as exit volumes ...

Nordea Bank backed its guidance as second-quarter earnings met expectations. The Helsinki-based bank on Thursday posted net profit attributable to shareholders of 1.22 billion euros, equivalent ...

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 beat second-quarter profit estimates on Tuesday but cut its 2025 guidance for net interest income, sending the shares of the lender down 2% in trading before the bell. The bank expects its ...

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 ...

The S&P 500 edged higher on Monday even after President Donald Trump threatened high tariffs on more countries over the ...

Highlights from the cocktail reception at J. Reiger & Co., sponsored by Amber Wave and United Sugar Producers and Refiners.

Adjusted earnings before interest and tax (EBIT) increased 11% to £225 million, while adjusted profit before tax improved 37% to £162 million, as strict cost-cutting also boosted the bottom line.