Latest in Alarm West Bank
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Rallying bank stocks have further room to run, analyst says
Hovde’s Feddie Strickland sees additional gains despite rally ‘if history serves as a guide.Business - MarketWatch - November 11 -
Banks may face uncertainties after election euphoria fades: analyst
Moody’s banking strategist Chris Stanley sees potential headwinds along with positive trends for banks in a new Trump administration.Business - MarketWatch - November 11 -
Financing the Fight Against Global Warming Falls to Multilateral Banks
These financial institutions are complex, and vital to funding efforts to slow climate change. Here’s how they work.Business - Inc. - November 11 -
Metro Bank fined £17mn for anti-money laundering control failings
UK lender failed to ensure automated system was correctly checking customer transactionsBusiness - Financial Times - November 12 -
The inspiring scientists who saved the world’s first seed bank
During the siege of Leningrad, botanists in charge of an irreplaceable seed collection had to protect it from fire, rodents – and hunger. Somewhere in the sky above, the mosquito drone of a plane’s ...World - The Guardian - November 12 -
Lloyds Bank to stop recognising senior employees union membership
High street lender introducing ‘people forums’ to discuss issues including job cuts, pay and policiesWorld - Financial Times - November 13 -
Free agent superstar Juan Soto is about to break the bank — and baseball
The New York Yankees slugger is expected to sign a deal north of $600 million that will come close to the real-dollar value of Shohei Ohtani's $700 million pact.Top stories - NBC News - November 13 -
Banks are reporting a tenfold surge in digital scams, cybersecurity firm BioCatch says
Banks are under pressure to kick criminals off their platforms and compensate more victims as regulators and lawmakers focus on the harm done by digital scams.Business - CNBC - November 13 -
Britain's car finance industry is in crisis – with banks bracing for billions in payouts
The crisis has prompted comparisons to Britain's PPI scandal, which was estimated to have cost banks more than £50 billion ($63.8 billion).Business - CNBC - November 14 -
Bank Holiday airport chaos made worse by password issue, report says
An air traffic control engineer was unable to fix a major fault from home, a report says.Top stories - BBC News - November 14 -
UK must rebuild post-Brexit relations with EU, says Bank of England boss
Governor Andrew Bailey delivers his strongest comments yet on the UK's departure from the EU.Top stories - BBC News - November 15 -
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How Trump will transform banking regulation — even with Powell at the Fed
Regulatory change takes time, but Trump can make several moves immediately to gain control of bank supervision and M&A approval.Business - MarketWatch - November 16 -
11 bank stocks trading at low valuations, even after Trump bump
Bank stocks have had quite a run following Donald Trump’s election to a second term as president. But investors need to ask themselves whether or not some of stocks are trading too high.Business - MarketWatch - November 16 -
Bank of Mum and Dad: why we all now live in an ‘inheritocracy’
Family wealth dictates our life choices. So is the Bank of Mum and Dad now behind so many of society’s growing inequalities?. You know the Bank of Mum and Dad when you see it: it’s your friend who ...World - The Guardian - November 17 -
The yawning investability gap between US banks and UK peers
British lenders face a competitive threat from Trump’s plans for regulatory bonfiresBusiness - Financial Times - November 18 -
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Bangladesh tycoon says Singapore citizenship is a shield against central bank ‘intimidation’
Mohammed Saiful Alam considers international arbitration over accusations he siphoned money out of banking sectorWorld - Financial Times - November 19 -
ECB must commit to faster rate cuts, says Bank of Italy governor
Fabio Panetta sees risk of inflation falling ‘well below’ central bank’s 2% target amid stagnant demandBusiness - Financial Times - November 19 -
JPMorgan’s Chase UK bank launches first credit card
Digital-only bank makes first foray into lending after amassing more than £20bn in depositsBusiness - Financial Times - November 19 -
Student loan servicers are pulling incorrect payments from borrowers' bank accounts, consumer protection bureau says
Lenders often encourage federal student loan borrowers to sign up for automatic payments. But a new report shows the decision can backfire.Business - CNBC - November 19 -
Student loan servicers are pulling incorrect payments from borrowers' bank accounts
Lenders often encourage federal student loan borrowers to enroll in automatic payments.Top stories - NBC News - November 19 -
Trump’s tariff plan would put US on path to ‘crony capitalism’, Griffin says
Founder of hedge fund Citadel also floats possibility of selling minority stake in firm to outside investorsBusiness - Financial Times - November 21