The big implications of a‘smallenfreuden’ decision Jun 16th

WASHINGTON – Regulators have closed a small bank in Texas, bringing the number of U.S. bank failures to 24 this year. The Federal Deposit Insurance Corp. said Friday it has taken over Texas Community Bank NA, based in The Woodlands, Texas. The lender, which operated two branches, had about $16.... More »

MONTREAL – Consumers are increasing turning to leasing when acquiring a new car, but the availability of ultra-long loan terms means the days of almost half of drivers travelling the leasing route are gone, according to industry observers. After slipping to a low of seven per cent in 2009, now abo.... More »

GIC comparison tool Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance. Why trust us MoneySense is an award-winning magazine, helping Canadians navigate m.... More »

S&P, Dow flat after mixed big banks’ earnings .... More »

Ottawa plans to make it easier for Canadians to move their banking and investment accounts in a bid to increase competition and reduce costs for consumers. The government said as part of Tuesday’s federal budget, it will move to eliminate investment and registered account transfer fees, which .... More »