Gabriela Walsh is a Certified Educator in Personal Finance® and a personal finance editor at Red Ventures. Her previous work experience includes various editorial positions at FinanceBuzz. She ...

To keep your spare cash growing, consider placing it in a high-yield savings account or investing in securities with strong return potential. Letting your money sit idle is a missed opportunity to ...

The legal scrutiny of how banks and brokerages treat their customers during high interest rates intensifies as the phase is drawing to a close. Many large U.S. banks are accused of deceiving clients ...

Imagine signing up to a market-leading internet provider, only to discover sometime later that not only were other companies offering better deals, but your provider hadn’t exactly broken its back to ...

Broker-dealers and wirehouses have recently come under fire for the money they’re grating off their clients’ short-term cash in overnight sweep accounts at banks. That’s prompted moves at some ...

Ameriprise on Monday became the latest brokerage to be sued over its cash sweep account program, facing allegations that the company failed as a fiduciary by keeping big spreads for itself rather than ...

Fidelity Investments is changing its policy on cash holdings so that more of clients’ uninvested funds wind up in a low-interest sweep account. Starting next year, Fidelity will put cash held in ...

When interest rates started to rise a couple of years ago, it was a bonanza for wealth management firms, which could make extra interest off client money parked in short-term overnight bank accounts.

(Reuters) -The spate of regulatory investigations into wealth managers' cash sweep programs could hurt their credit ratings, Moody's Ratings warned on Thursday, underscoring the threat to the ...

Cash has been king ever since the Fed began hiking rates two years ago, but it’s getting a little harder lately for investors ...