Latest in Bank Analyst
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We're trimming a bank stock on tear since earnings, booking nearly a 100% profit
This sale does not reflect any change in our long-standing positive view on the bank and the job the CEO is doing.Business - CNBC - October 25 -
Top US regulator warns of potential crisis if final bank guardrails fall away
Finance industry steps up effort to further undermine Basel III endgame after winning major concessions on termsBusiness - Financial Times - October 25 -
US ex-Juul users suddenly find thousands in their bank accounts after lawsuit: ‘I forgot about it completely’
Recipients say they filed class-action claims on a whim amid lawsuit alleging products were unlawfully marketed to minors. Drewe Raimi was lying in bed scrolling TikTok when she got the ...World - The Guardian - October 25 -
Bangladesh central banker accuses tycoons of ‘robbing banks’ of $17bn with spy agency help
Conglomerate rejects claim it co-operated to siphon money out of the country during rule of ousted Sheikh HasinaWorld - Financial Times - October 28 -
Banks warn UK Treasury of risk of sector turmoil after car finance ruling
Lenders meet government officials and regulators over fallout from court judgment on ‘secret’ auto loan commissionsBusiness - Financial Times - October 29 -
Asia needs to spend much more to adapt to climate change and limit its damage, bank study says
A study by the Asian Development Bank shows that countries in Asia will suffer worse damage from the climate crisis than other regions and they are not spending enough to limit the damage and adapt ...World - ABC News - October 30 -
French banks diverge as Société Générale shares surge, BNP Paribas stock sinks
France’s top two banks saw their share prices take rival trajectories on Thursday as Société Générale shares surged on news of a management shakeup while BNP Paribas shares slipped on a mixed set ...Business - MarketWatch - October 31 -
Middle East latest: Officials in West Bank say Israeli raid has killed 3
Palestinian officials said that an Israeli military raid in the occupied West Bank killed at least three peopleWorld - ABC News - October 31 -
Hong Kong cracks down on how banks and hedge funds discuss block trades
Regulator brings in new measures after launching criminal insider dealing case against Segantii Capital ManagementBusiness - Financial Times - October 31 -
Banks’ use of AI could be included in stress tests, says BoE deputy governor
Sarah Breeden says technology’s ‘power and use . . . is growing fast’Business - Financial Times - October 31 -
All assets posted negative returns in October apart from gold, silver and oil, Deutsche Bank says
Markets have just gone through one of the toughest months they’ve experienced in 2024 so far, according to a new analysis by Deutsche Bank.Business - MarketWatch - November 1 -
JPMorgan sues four people over ‘Chase Bank glitch.’ Here’s how much money they allegedly stole.
JPMorgan Chase filed lawsuits against four people or entities on Monday, accusing the customers of withdrawing money that was never in their accounts.Business - MarketWatch - November 2 -
‘It was obvious I wasn’t in Kansas anymore’: My local bank has no cashiers — and declined to accept my money. What’s going on?
“I’ll be looking for a new bank next week.”Business - MarketWatch - November 5 -
Middle East latest: Dozens killed in Gaza as Israel says it targeted a weapons facility
Palestinian health officials say Israeli strikes have killed at least 30 people in Gaza, including on a home where displaced families were shelteringWorld - ABC News - November 5 -
Israeli or Palestinian, U.S. Voters in the West Bank Say Biden Let Them Down
Tens of thousands of U.S. citizens live in the Israeli-occupied territory, on opposing sides of an entrenched conflict, where neither Palestinians nor Israelis have much enthusiasm for Kamala Harris.World - The New York Times - November 5 -
‘It’s like living in a prison’: inside the besieged Palestinian village isolated from the rest of the West Bank
Since the 7 October attack, and the ensuing war in Gaza, restrictions in Beit Iksa have become even more suffocating. In January this year, four-year-old Ruqayya Jahalin, her mother and her five ...World - The Guardian - November 6 -
Bank of England cuts UK interest rates again despite modest budget-related inflation spike
The Bank of England has cut its main interest rate by a quarter of a percentage point after inflation across the U.K. fell below its target rate of 2%World - ABC News - November 7