Latest in Assets Banks Cross
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HSBC splits bank between East and West in major overhaul
Pam Kaur is the first woman in the banking giant's 159-year history to become its chief financial officer.Top stories - BBC News - October 22 -
HSBC to split U.K. and Hong Kong banking arms into two separate units
HSBC’s overhaul will see the bank split into four separate units under the control of two distinct Eastern and Western markets divisions, new CEO Georges Elhedery saidBusiness - MarketWatch - October 22 -
'Penguin Bandit' who robbed multiple banks sentenced to 13 years in prison
A man whom authorities named the “Penguin Bandit” was sentenced to more than 13 years in federal prison last week for robbing multiple banks in the Denver area.Top stories - NBC News - October 22 -
How a Palestinian and an Israeli united to document West Bank demolitions
Basel Adra and Yuval Abraham discuss filming the brutal displacement of villagers by Israeli forces in ‘No Other Land’World - Financial Times - October 23 -
Lloyds Banking Beats Views as U.K. Borrowers Remain Resilient
The U.K.’s largest mortgage provider confirmed its full-year guidance after pretax profit fell by less than expected on lighter impairments for bad loans as British borrowers remained resilient ...Business - The Wall Street Journal - October 23 -
German court rules against Deutsche Bank in Postbank acquisition lawsuit
Deutsche Bank said it will now analyze the judgement and noted it has booked provisions covering all outstanding claims by the plaintiffs, including interest accrued to date.Business - CNBC - October 23 -
Erosion take toll on North Carolina's vulnerable Outer Banks
Rising sea levels and more intense storms driven by climate change are making it difficult for the residents who live on North Carolina's Outer Banks, a series of barrier islands. In the last four ...Top stories - CBS News - October 23 -
Trump takes lead over Harris on US economy in final FT poll
FT-Michigan Ross survey shows most Americans think they will be better off if Republican winsBusiness - Financial Times - October 24 -
Oaktree-backed bank under court administration over mafia-linked loans
Milan prosecutor says there is evidence of state-guaranteed loans given to businesses connected to organised crimeWorld - Financial Times - October 24 -
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BlackRock leads opposition to new US limits on bank ownership
A proposal by regulators requires passive investment funds to seek approval when holdings hit 10%Business - Financial Times - October 24 -
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Russia's central bank raises key rate to 21% to rein in higher-than-forecast inflation
Russia's central bank on Friday raised its key interest rate by 200 basis points to 21%, citing higher-than-forecast consumer price increases.Business - CNBC - October 25 -
In key swing states, the lines at food banks are growing longer
Across the rural communities and industrial towns of western Michigan, semitrucks hauling thousands of pounds of food are pulling up to church parking lots and community centers where growing lines ...Politics - NBC News - October 26
