Boe Criticises Uk Banks Risk Management Systems
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TD Bank’s stock drop on money-laundering probe overblown says KBW analyst, but Jefferies is not so sure
Jefferies cuts TD’s price target on fears of a “lost decade” while KBW reiterates outperform rating in more bullish stance.MarketWatch - Business -
Standard Chartered posted a rise in first-quarter net profit due to higher trading income, despite lower earnings from the bank's lending business.
Standard Chartered posted a rise in first-quarter net profit due to higher trading income, despite lower earnings from the bank’s lending business.The Wall Street Journal - World -
Yellen Calls Threats to Democracy Risks to U.S. Economic Growth
In a rare comment on politics--and an indirect swipe at former President Donald Trump--the Treasury Secretary says "democracy is critical to building and sustaining a strong economy."Inc. - Business -
Risk of famine still present in Gaza, says World Health Organization
Yahoo News - World -
Gas Stove Pollution Risk Is Greatest in Smaller Homes, Study Finds
Gas-burning ranges, a significant contributor to indoor pollution, can produce and spread particularly high levels of some pollutants in smaller spaces.The New York Times - World -
SocGen defends risk controls after unauthorised trading incident
French bank reports smaller than expected drop in profit after strong performance in equities tradingFinancial Times - Business -
Baby Boomer Professors Join Student Protests, Risking Arrest and Violence
Faculty are taking to the front lines at universities, often in support of students’ right to protest.The Wall Street Journal - World -
EU at risk of ‘implosion’ as far-right seeks scapegoats, minister warns
Centre-right politicians must resist urge to copy or work with far right, Spain’s environment minister says. The future of the EU is being jeopardised by people stirring up social tensions for short-term political gain, Spain’s environment ...The Guardian - World - European Union