By law, banks must hang on to some money, but it’s not much. Capital requirements vary by institution, but according to the Federal Reserve , it’s around 10% for many big banks.

A survey by personal finance advisory firm 1 Finance has come out with several surprising disclosures on how insurance, mutual funds and other financial products are mis-sold in India without any ...

But how safe is your money outside of traditional banks? For instance, how did the collapse of fintech middleman Synapse lock more than 100,000 Americans with $265 million in deposits out of their ...

Banks, retirement fund firms, insurance companies and the JSE are sitting on over R90bn in unclaimed benefits belonging to ...

Scams targeting bank customers are becoming more common. Yet when depositors make reimbursement claims, the nation’s biggest banks often deny them.

The average annual cost of a $500,000 universal life insurance policy for a 40-year-old applicant in excellent health is about $3,101 for a man and $2,698 for a woman, according to data from Covr ...

Khoon Goh, head of Asia research at ANZ, estimates Taiwanese life insurance companies hold $682 billion of foreign assets, mostly in U.S. fixed income, though he is unsure how much of that they ...