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savers

Belgium raises record 22 billion euros from savers in ‘clear signal’ for higher bank rates

September 4, 2023September 4, 2023
Belgium raises record 22 billion euros from savers in 'clear signal' for higher bank rates - photo licensed by shore news network.

By Yoruk Bahceli BRUSSELS (Reuters) – Belgium has raised a record 21.9 billion euros ($23.65 bln) from savers in a bond sale designed to compete …

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Most European banks’ deposits hit as savers hunt for deals -S&P

August 29, 2023August 29, 2023
Most european banks' deposits hit as savers hunt for deals -s&p - photo licensed by shore news network.

By Iain Withers LONDON (Reuters) – A majority of large European banks reported a fall in deposits over the year to June 2023 as customers …

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Britain’s 50-billion pound pensions gamble could put savers in fresh peril

July 11, 2023
Britain's 50-billion pound pensions gamble could put savers in fresh peril - photo licensed by shore news network.

By Sinead Cruise and Carolyn Cohn LONDON (Reuters) – Britain’s financial services industry has broadly cheered fresh government proposals to jumpstart the economy by channelling …

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UK’s Hunt backs regulator to ensure banks pass on better rates to savers

July 4, 2023
Uk's hunt backs regulator to ensure banks pass on better rates to savers - photo licensed by shore news network.

LONDON (Reuters) – British finance minister Jeremy Hunt gave his backing to the country’s financial regulator FCA to ensure banks are passing on better savings …

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UK finance minister Hunt says banks are slow to pass on rate hikes to savers

June 26, 2023
Uk finance minister hunt says banks are slow to pass on rate hikes to savers - photo licensed by shore news network.

LONDON (Reuters) – Britain’s finance minister Jeremy Hunt said on Monday that banks are too slow to pass on increases in central bank interest rates …

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Hunting for returns, savers dash for euro zone government debt

June 23, 2023
Hunting for returns, savers dash for euro zone government debt - photo licensed by shore news network.

By Yoruk Bahceli (Reuters) – Savers across the euro zone are dashing for government debt to secure returns on their cash as banks struggle to …

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A new surprise for U.S. savers: Turn 529s into retirement money

March 13, 2023
A new surprise for u. S. Savers: turn 529s into retirement money - photo licensed by shore news network.

By Chris Taylor NEW YORK (Reuters) – When financial planner Larry Pon started reading about the SECURE 2.0 Act that overhauls retirement saving, he was …

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Iran’s currency slides to record low as savers buy dollars

February 25, 2023
Iran's currency slides to record low as savers buy dollars - photo licensed by shore news network.

DUBAI (Reuters) – Iran’s rial currency sank to a record low against the U.S. dollar on Saturday despite central bank measures aimed at cooling demand …

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Japan proposes expanding tax-free investment scheme for savers

November 25, 2022
Japan proposes expanding tax-free investment scheme for savers - photo licensed by shore news network.

By Tetsushi Kajimoto TOKYO (Reuters) – Japanese government on Friday called for doubling a tax-free stock investment programme for households, to encourage savers to put …

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Poland’s Kaczynski tells banks to give savers higher interest or expect more taxes

July 2, 2022
Poland's kaczynski tells banks to give savers higher interest or expect more taxes - photo licensed by shore news network.

WARSAW – Polish banks will be taxed more if they don’t offer clients higher interest on their deposits, the leader of Poland’s ruling party said …

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Exclusive-Banks tell Britain that curb on all Russian savers won’t work -sources

March 31, 2022
Exclusive-banks tell britain that curb on all russian savers won't work -sources - photo licensed by shore news network.

By Andrew MacAskill and Sinead Cruise LONDON – Banks in Britain have warned the government that a plan to ban all Russians from holding more …

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China to expand wealth management pilot scheme for retirement savers – regulator

February 25, 2022February 25, 2022

SHANGHAI – China will from March 1 expand a pilot scheme developing wealth management products aimed at retail investors looking to boost their retirement savings …

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