What is a bank? A bank is a financial institution authorized to provide service options for customers who want to save, borrow or accrue more money. Banks typically accept deposits from, and offer ...

Fractional reserve banking is the system that lets banks lend out customers’ deposits. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you ...

The money multiplier theory is one of the biggest myths in economics. Many textbooks claim that banks lend out a fraction of deposits, multiplying money through fractional reserve banking. But modern ...

A client of mine, John, called last month asking what he should do with some extra cash sitting at a local bank. I asked what “extra” meant and what he wanted to accomplish. He paused for a moment and ...

TD Bank’s U.S. unit faces growth curbs as part of a settlement with regulators and prosecutors. (Zuma Press) TD Bank’s U.S. unit faces growth restrictions from regulators. WSJ’s Vipal Monga spoke to ...