banking

The interest rates on savings accounts vary across banks due to different fixed deposit (FD) terms and changing market conditions. These rates are influenced by the Reserve Bank of India (RBI) and market liquidity, so they aren’t consistent across all banks. It’s a good idea to keep an eye on the latest offers to get …

Despite objections from Barclays and Nationwide, city regulators have largely ignored their pushback against the upcoming liquidity rules. Regulators insist these changes are crucial and should be implemented as soon as possible, even before the 2018 global deadline. Paul Tucker, the Deputy Governor of the Bank of England in charge of financial stability, dismissed the …

Choosing whether to open a joint bank account is a decision many couples face, largely based on individual preferences. For my husband and me, having a joint account has been beneficial. It makes managing our household expenses or emergency funds more straightforward, even though we maintain separate accounts for our personal spending. A joint account …

People can find themselves in debt for a variety of reasons. When consumers use credit but don’t pay it back according to the terms, it becomes debt. This includes things like unpaid credit card bills, loans, and car financing. Even overdrafts can become debts if someone doesn’t bring their bank account balance back to positive. …

Scottrade, a well-known investment company, recently experienced a series of online attacks resulting in a major data breach. During this breach, information from 4.6 million clients was compromised. This mainly affected customers who signed up for a Scottrade brokerage account before February 2014. Hackers gained access to a large database containing information about Scottrade’s clients. …

Taking charge of your finances is really important. You want to make sure your bank accounts offer features like reasonable fees, competitive interest rates, and reliable account information, whether through monthly statements or online access. The perfect bank account should make transactions easy and help you keep track of your spending and manage your money …

Whenever there’s a global economic slump, big banks and financial institutions face sudden drops in their profits and job openings. Right now, one big issue is that many companies are still largely male-dominated, which makes it tough for women to snag top roles in the UK’s banking sector. But there’s a promising shift happening that …

Interest rates are really low right now, and as a result, many people are scrambling to find the best rates on bank CDs. But chasing these rates might not always be the best use of your time and energy. Imagine you have $25,000 to invest in a CD. After a lot of effort, you might …

Data breaches have become so common that it’s impacting people like my husband and me. For instance, last year my debit card was compromised in the Target breach, and his was affected by the Home Depot breach. Our bank unexpectedly canceled our cards, causing a lot of hassle, especially since we didn’t have a credit …

PerkStreet Financial has been getting a lot of buzz lately because of its attractive rewards checking account, which gets even better when you use the linked debit MasterCard. PerkStreet offers a free online checking account with appealing rewards. You can choose rewards like coffee, music, cash, or redeem them for gift cards from various vendors. …