Money

BofA expects rising interest income, investment banking fees in first quarter

NEW YORK, March 10 (Reuters) - Bank of America expects net interest income to grow 7% and investment banking to climb 10% in the first quarter, its Co-President Dean Athanasia said on Tuesday. Global markets revenue will rise by a low double-digit percentage this quarter, leading to 16th consecutive quarter of year-on-year growth, he told a conference in New York. Financial stocks rebounded

Citi CEO expects growth in investment banking, markets on strong activity

March 10 (Reuters) - Citigroup expects growth in the mid-teens percentage in investment banking fees and markets revenue in the first quarter, CEO Jane Fraser said on Tuesday. Shares of the company were up 1.2% in morning trading. Strength in equities and fixed income is driving growth at Citi's capital markets division, she said at the RBC conference, adding that the mergers and acquisitions

ISA rates soar to 6% as race to the top heats up: What are the real best deals?

The race to offer the best cash Isa interest rate has intensified. Which are the real best deals and which ones should you leave to one side? We examine the offers in more detail.

Nationwide fairer share: Customers hoping for £100 payment should put money in savings accounts now

Nationwide customers keen to ensure they would be eligible for a Fairer Share payment in 2026 should take steps now so they do not miss out.

Some states are reviving a push to tax the rich

PROVIDENCE, R.I. (AP) — Chuck Collins figures he won life’s lottery by inheriting vast sums of money through his great-grandfather Oscar Mayer’s processed meat company, but rather than fight to protect every dime Collins has helped push to hike taxes on the ultrarich like himself.

The future of money: Digital currency is changing everything

The modern monetary system is experiencing a complete transformation because people are moving away from using … The Future of Money: Digital Currency Is Changing EverythingRead more

New superannuation tax coming for Australia: What you need to know

The Greens have backed a tax hike on super balances over $3million blasting open the door for Labor's long‑stalled crackdown on lucrative retirement tax breaks for the wealthy.

The $658K reality check: Canada's benchmark price is falling and your nest egg may be shrinking — act now

Canada's housing market is stalling, putting your equity is at risk. Here's how to protect your money now

Iran: UN warns war costing $1 billion a day as humanitarian crises deepen

The UN’s emergency relief chief condemned the “$1 billion-a-day” cost of the war roiling the Middle East, at a time of severe cuts to the global body’s humanitarian work in emergencies and “soaring” needs

15 portfolio fees Canadians don’t notice (until they do the math)

Most Canadians focus on returns when they review their investments. They check performance charts and compare gains with friends. Fees rarely get the same attention. Yet even small percentages can chip away at long-term growth. A one percent fee may not sound like much. Over the decades, it can quietly drain thousands of dollars. Many of these costs sit in the background. They are deducted before you see the numbers. That makes them easy to ignore. Until you run the math yourself. Here are 15 portfolio fees Canadians don’t notice (until they do the math).

SoftBank-backed PayPay valued at $12.7 billion in Nasdaq debut as shares jump

By Arasu Kannagi Basil, Utkarsh Shetti and Echo Wang March 12 (Reuters) - PayPay's shares opened roughly 19% above their offer price in a widely anticipated Nasdaq debut on Thursday, valuing the Japanese payments app at $12.7 billion and giving a much-needed boost to the new listings market. The SoftBank-backed's company stock opened at $19, compared with the $16 offer price. PayPay and an

Market open: MicroStrategy’s bitcoin bet, Transat books Q1 loss | Mar 10th

The TSX is up 0.32%, while the TSX Venture Index is higher by 0.60%, as calm returns to global markets and investors look past the worst of the recent oil shock. U.S. trading is more mixed: the Dow is essentially flat, the Nasdaq is up 0.56%, and the FTSE 100 is higher by 0.65% as Wall Street digests a 900‑point intraday swing in the Dow and a pull...

Only 6% of Premium Bonds prizes in the past year went to account holders holding less than £10,000

Less than 1 per cent of Premium Bonds prizes handed out between February 2025 and January 2026 were won by savers with a holding of less than £1,000.

We won £4m on the lottery – here’s exactly what we did with the money

Two Lottery winners reveal what they did with their windfall – and the advice they received from experts

How I manage my money: Business owner on £10k a month wants to retire by 60

Woman loses her US$21K savings on a too-good-to-be-true investment deal. How to spot financial fraud before it’s too late

Always listen to your gut

This is what a 100,000,000,000,000 dollar bank note looks like

The auction includes a $100trillion note from Zimbabwe, issued during the country's years of hyperinflation

How I made financing faster for businesses with Merchant Growth

After the 2008 crash tightened lending for businesses, David Gens founded his fintech to help them secure the funding they needed to grow

Smart ways to spend money wisely

Budget savings are a critical component of a long-term financial stability. As much as it is … Smart Ways to Spend Money WiselyRead more

The incredible real estate secrets of the world's multi-millionaires

From billionaire basements to celebrity closets and secret bunkers, we've uncovered the real estate secrets of the world's most luxurious houses

Here are 5 clear indicators you’re financially further ahead of the average Canadian. Are you richer than you think?

Most adults carry some form of debt.

UK ticket holder claims £181million EuroMillions jackpot - making them instantly richer than Adele

The eye-watering prize was won on Tuesday night and the winner has become the third biggest UK National Lottery win of all time.

Argentina's Milei pitches to Wall Street as investors reassess emerging markets

By Rodrigo Campos NEW YORK, March 10 (Reuters) - President Javier Milei aimed to persuade investors in New York on Tuesday that Argentina's economic turnaround can stay on track even as war in Iran spooks markets, saying the central bank will soon be awash with dollars. Milei spoke to investors and executives at JPMorgan's new headquarters in Midtown Manhattan as part of "Argentina Week," a New

BC seeks money in 37 financial accounts allegedly tied to drug ring

The province is going after money in 37 accounts at several financial institutions, which it alleges is tied to a Lower Mainland drug ring that distributed cannabis and psilocybin across Canada.

What annual salary do you actually need to be happy?

In the UK, the average median salary is £39,039, according to the Office for National Statistics. However, despite a 4.3% increase compared to April 2024, 58% of Brits say they don’t feel financially comfortable. In addition, 25% admit to feeling anxious about the year ahead. This begs the question: how much money do we actually need to be earning ...

How much money do you need to retire comfortably in Canada?

RCMP warn of counterfeit bills after Nanaimo business unwittingly accepts fake cash

Nanaimo RCMP are warning people to check their cash, after counterfeit bills were passed as legal tender at a local business. Just this week, Red's Bakery says it fell victim to a fake $100 bill, and are pleading with other businesses to be on the lookout.

Trump’s net worth up by more than $1BN since White House return

Trump sees his net worth jump by more than $1BN since returning to office - The president’s crypto ties have been especially lucrative and have helped boost net worth to $6.5 billion

As bombs fall, gold prices rise — and Poland is taking notice

Geopolitical unrest is driving private investors away from virtual instruments and towards physical bars and coins — assets you can lock in a safe, carry in a suitcase or bury under the floorboards. View on euronews

Is money down on a car deal a scam?

Dealers often push for cash down, but is it really helping you—or just boosting their profit? How do dealerships turn your money into leverage, and what’s the smarter move for buyers?

Elon Musk and his billionaire friends are richer than ever

Elon Musk and his billionaire friends are richer than ever - Forbes says it has been a record year for billionaire wealth due to the AI boom and rising tech valuations

I stuffed a piñata with $1,000 cash - strangers kept what fell out

I bought a piñata, stuffed it with $1,000 in real cash - ones, fives, tens, twenties, fifties, and even a crisp $100 - and headed to 5th Street Alley in Eugene, Oregon. The rules were simple: one hit each, and you keep whatever falls out. Things escalated quickly once the first bills started raining down and word got out that Penny the Piñata was loaded. One swing led to a full decapitation and a $79 payday, and from there it was chaos until every last dollar dropped. Now the big question is… can we hit 600,000 subscribers so I can unleash the $10,000 piñata next?

The Canadian energy stock I’d buy right now — and it’s a bargain

Suncor Energy (TSX:SU) still looks like a bargain, even at new highs. The post The Canadian Energy Stock I’d Buy Right Now — and It’s a Bargain appeared first on The Motley Fool Canada.

North Bay, Ont., tenant says he’s worse off after accepting landlord’s $40K offer to move out

After a months-long fight with his landlord, Shannon Lucas accepted a $40,000 payout to move out of the North Bay, Ont., townhouse where he lived for eight years, but says he would give it all back if he could stay.

Rachel Reeves set to rake in £1bn extra a year in VAT from drivers thanks to soaring price of petrol

The study found the Chancellor will net around £20million extra a month in VAT on petrol sales if average pump prices remain around their current level.

Watch: Money, investment, and union? EU returns to the discussions on being competitive

The EU's slice of the global wealth cake is getting smaller.To solve it, one option is to finally merge Europe's fragmented financial landscape into a unified market. Or, in plain English: instead of baking 27 separate cupcakes, Europe wants one giant cake. View on euronews

2 stocks that could turn $100,000 into $1 million

Two top TSX stocks can form a dual-engine and turn $100,000 into $1 million over a longer time horizon. The post 2 Stocks That Could Turn $100,000 Into $1 Million appeared first on The Motley Fool Canada.

9 money habits of people who never run out of cash by month’s end

You’ve probably seen it before. Two people earn almost the same salary, yet one of them … 9 Money Habits of People Who Never Run Out of Cash by Month’s EndRead more

Warren Buffett used to gift his family $10K every Christmas until he noticed they spent it fast — here are 4 better ways to use a holiday windfall

Methods the Oracle of Omaha would approve of

Retiring soon or already there? These 3 REITs can boost your monthly income

Retirement REIT income is safest when occupancy stays high, rent keeps rising, and AFFO comfortably covers the monthly distribution. The post Retiring Soon or Already There? These 3 REITs Can Boost Your Monthly Income appeared first on The Motley Fool Canada.

20 ways Canadians can lower investment fees without changing banks

Investment fees rarely grab headlines, yet they quietly shape long-term returns. A one percent difference may not sound dramatic. Over the decades, it can mean thousands of dollars lost to charges. Many Canadians assume the only fix is switching banks. That is not always true. Most major banks offer multiple account types, fund options, and pricing tiers. Small adjustments inside your existing setup can trim costs without moving your money. You just need to know where to look and what to ask. Here are 20 ways Canadians can lower investment fees without changing banks.

Want $1 million in retirement? Invest $50,000 in these 3 stocks and wait a decade

These three stocks look well-positioned to take investors much closer to their goal of being seven-figure retirees over time. The post Want $1 Million in Retirement? Invest $50,000 in These 3 Stocks and Wait a Decade appeared first on The Motley Fool Canada.

Where Canada's richest person ranks among the G20 super-rich

The wealthiest individual billionaire in each of the G20 nations, the world's biggest economies.

Zelenskyy warns US sanctions relief gives Russia $10 billion for war

Billions of dollars will help the Kremlin wage war US easing of sanctions on Russian oil could bring Russia up to $10 billion — and this money will go to war, Ukrainian President Volodymyr Zelenskyy said at a joint press conference with French President Emmanuel Macron. $10 billion that Russia will spend on the war Zelenskyy reacted to the US decis...

The money traps that wealthy people ignore

Building wealth depends more on your ability to save money than on your total income. High-income … The Money Traps That Wealthy People IgnoreRead more

X Money payments system set for April release

Elon Musk is moving closer to his goal of transforming X into an all-in-one digital platform. The company is preparing to introduce a new payments feature called X Money as early as April. Musk has repeatedly described his ambition to turn X into an “everything app,” similar to China’s WeChat, combining social media, commerce and financial services...

Posthaste: Oil supply shock could force the Bank of Canada's hand yet

There’s now a case to be made for an interest rate hike this year, says one economist, as the Bank of Canada gets set to announce its next rate decision on March 18.

When stock markets get shaken, it can pay for investors to be patient

NEW YORK (AP) — When stock markets are as manic as they've been recently, it’s natural to want to do something to protect your retirement savings. Historically, though, staying calm has usually been best.

@ the Bell: Gold gains lift TSX as investors weigh Trump’s Middle East remarks

Canada’s main stock index climbed on Tuesday, lifted by gains in gold prices even as a drop in crude weighed on energy stocks. Markets on both sides of the border saw early gains, but a sharp downturn by midday. Investors also evaluated comments from US President Donald Trump suggesting that the conflict in the Middle East may soon de-escalate. US ...

How new money enters the economy

From physical cash to electronic deposits, modern money is created in ways most people never see. This video simplifies the entire process and explains how money is born in today’s financial system.