LONDON (Reuters) - The European Union’s tougher bank capital rules are making it harder for smaller lenders to compete and should be scaled back, Germany and Britain say in an EU document seen by Reuters.
Net worth $25 million $500,000 2014 income CLINTON $28 million Majority from: $10.5 million in speaking fees $5.6 million in royalties SANDERS $206,000 Majority from: $156,000 Senate salary $46,000 Social
Canadian stocks celebrated the new year by plunging into a bear market. While investors flee the resource sector, there is growing concern that financials might be next up on the market's chopping block.
Daisy is 45, Don 57. They plan to marry soon and are wondering how best to achieve their disparate financial goals. The main bone of contention is Don's house, which he would like to hang on to despite
For eight years, the Bank of Canada has been trying to encourage economic growth by lowering interest rates. It's so not working. In fact, lower rates are hurting a lot of people more than they're helping.
The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick. The lesson of the $10,000 hotel room A blogger talks about her
Nearly a third of young Canadians admit they are "not at all knowledgeable" about retirement savings plans, according to a survey done for TD Bank. The report also suggested that a large proportion of
New report slams lack of transparency over the spreads added to foreign currency deals Small firms are paying out £4bn a year in built-in costs when they transfer money overseas using the nation’s high
NEW YORK—When the big banks report their fourth-quarter and year-end earnings this week, they are expected to largely meet dampened expectations. The bigger question will be whether the industry survived
Millions of current account customers are being advised to consider their options, following an increase in fees, and changes in interest rates. From Monday, monthly charges on the Santander 123 account
FTSE 100 lender now has 1.42 million credit card customers Growing demand for debt in Britain helped the sub-prime lender Provident Financial bring in more customers for its credit cards, online loans
LOS ANGELES (Reuters) - January seems to beg for fresh starts, organizing binges and articles about simplifying your life. In some ways, though, a little complexity is a good thing. Signs explaining Federal
In a statement released on Wednesday morning, the Prudential Regulation Authority, the bank's regulatory arm, put forward proposals designed to close loophole regarding so-called bonus buy-outs. In its
The pros at Deutsche Bank just released a handy map of monetary policy around the world in their "House View" for 2016. The market anticipates two interest-rate hikes from the Federal Reserve this year,
Bridget Eastgaard runs MoneyAfterGraduation.com, a financial literacy site dedicated to helping millennials get smart about money. I turned 30 last week. You wouldn't know it, because my life looks exactly
The bus trip from the factories of Foshan to the Yangtze River city of Luzhou takes about 30 hours. There are no sleeper berths, just a long, slow grind home in a small, hard seat. In the past, Mr. Li