UK interest rates should fall further this year as a flood of cheaper imported goods and easing domestic cost pressures drive inflation lower, according to a senior Bank of England policymaker. Alan ...

M&T Bank MTB2.88%increase; green up pointing triangle posted higher fourth-quarter profit, boosted by growth in its net interest income and net interest margin. The company reported net income of $759 ...

Canara Bank has revised its fixed deposit (FD) interest rates for deposits, with the highest returns now available on select short- and mid-term tenures. Among callable fixed deposits, the bank is ...

Jan 16 (Reuters) - M&T Bank (MTB.N), opens new tab posted a rise in fourth-quarter profit on Friday, driven by higher interest income and stronger mortgage banking results. The Federal Reserve's rate ...

The UK handed out record offshore windfarm contracts today, in what has been hailed as a breakthrough moment for the government’s ambition to get clean power by 2030. 12 new offshore projects were ...

Explore the meaning of a negative interest rate environment, its economic implications, and how it affects banks, consumers, and investments globally.

America's biggest bank by assets, JPMorgan Chase, reported fourth-quarter earnings on Tuesday. CFO Jeremy Barnum weighed the potential impact of a credit card rate cap proposed by President Trump.

Some of America’s top bankers are warning that the president’s cap on credit card interest rates would prove disastrous for lower-income consumers and the US economy — not to mention their profits.

Trump called for a one-year cap on credit card interest rates at 10%. For years, limited regulation has allowed companies to charge high rates, and consumers have fallen further into debt. Some ...

Bank executives are tiptoeing around President Trump’s call to temporarily cap credit-card interest rates at 10%, opposing the idea while making sure not to antagonize the White House. “First of all, ...

When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. The Bank of England meets eight times a year to set the base rate, which is the core interest ...

President Trump revived a campaign promise to cap interest rates, but it is unclear how he would make that a reality. By Stacy Cowley and Niko Gallogly Banks and lenders have been in a tizzy ever ...