Latest in Bank Demand
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Family of U.S. activist killed in West Bank still demanding answers
The sister of Aysenur Ezgi Eygi, an American activist killed in the Israeli-occupied West Bank, says her idealistic vision of the U.S. has been shattered.Top stories - CBS News - November 18 -
Food bank demand rises nationwide as holiday season begins
Food banks across the country are seeing rising demand, with some hitting record levels. About 65 percent of food banks reported an increase in the number of people served in October 2024 compared ...Top stories - NBC News - 11 hours ago -
The West Bank Is on the Edge of Economic Collapse
After over a year of war, the economy in the occupied West Bank is being choked off by restrictions on Palestinians’ movements in the territory, the cancellation of work permits in Israel and ...World - The Wall Street Journal - November 5 -
Harris phone banks on Election Day
Vice President Kamala Harris spent Election Day phone banking and thanking her staff at Democratic headquarters in Washington D.C. Nancy Cordes reports.Top stories - CBS News - November 5 -
Interest rates cut but Bank hints fewer falls to come
Interest rates were cut to 4.75% but the Bank expects inflation to creep higher after last week's Budget.Top stories - BBC News - November 7 -
Trump’s victory sets up traps for central banks
The incoming president is likely to attack the Fed if it seeks to counteract his policies or if inflation takes off againWorld - Financial Times - November 7 -
Bank of England cuts interest rates to 4.75%
Central bank signals further reduction is unlikely before next year as it raises post-Budget inflation forecastWorld - Financial Times - November 7 -
British banks face an expensive motor finance crash
Giving dealers incentives to increase loan interest rates for car buyers could be ruinous for lendersWorld - Financial Times - November 8 -
Deutsche Bank takes a bite out of Greggs
Wages up, margins downBusiness - Financial Times - November 8 -
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Druckenmiller poured into regional banks in the third quarter
Stanley Druckenmiller made a big bet on regional banks in the third quarter, that’s likely paid off after a Republican sweep in the elections.Business - MarketWatch - November 15 -
The drama and farce of the Baker Street bank heist
In 1971, a group broke into a bank vault - but the plan was nearly brought down by a radio ham.Top stories - BBC News - November 17 -
Treasury imposes sanctions on Russian banks, financial officials
Russia’s third largest bank, Gazprombank, and its subsidiaries were hit with U.S. sanctions on Thursday, making it the largest bank not already targeted as the Russia-Ukraine war nears its three ...Politics - The Hill - November 21 -
What are banks doing with your financial data?
Your transactions reveal a lot about you as a person — it could be valuable informationWorld - Financial Times - November 22 -
Citigroup slashes promotions as it seeks to overhaul bank
As few as 2,000 employees could receive pay and title bumps in the next month, down from about 8,000 in previous roundsBusiness - Financial Times - 3 days ago -
Senior UK bankers to receive bonuses faster under new rules
Bank of England proposes relaxation of restrictions dating from financial crisisBusiness - Financial Times - 2 days ago -
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Voters 'don't see' Ireland's healthy bank balance
Voters in the Republic of Ireland go to the polls on Friday for the country's general election.Top stories - BBC News - Yesterday -
STMicroelectronics Cuts Outlook Again on Continued Weak Demand
STMicroelectronics slashed its annual guidance for the third time this year after posting a slump in net profit and sales, as demand for chips in cars and industrial equipment remained weak.Business - The Wall Street Journal - October 31 -
GPs demand protection from Budget tax hike
GPs are warning that a rise to National Insurance from next April could force them to cut staff.Top stories - BBC News - November 1 -
Woman 'sickened' by demands to return flood payment
Flood compensation was offered to businesses affected by heavy flooding in 2023.Top stories - BBC News - November 2 -
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Wars and activism drive demand for executive security
Allied Universal has recently launched an ‘enhanced’ service as political risks riseBusiness - Financial Times - November 5 -
Trump’s Win Prompts Spike in Demand for Lobbyists With Ties to the President-Elect
Corporations and foreign governments are offering to pay steep prices for help dealing with the unpredictable president-elect.Business - The New York Times - November 7 -
Zelenskyy rejects western demands to make ‘concessions’ to Russia
Ukrainian president says Europe would be ‘suicidal’ if it forces him into a deal with PutinWorld - Financial Times - November 7 -
Airbnb is seeing ‘strong demand trends’ — with these caveats
Airbnb Inc. on Thursday reported third-quarter sales and other demand metrics that were above Wall Street’s estimates, and the lodging platform said it was “seeing strong demand trends” for the ...Business - MarketWatch - November 8 -
Babcock Results Beat Forecasts on Strong Defense Demand
The defense company—a major contractor for the U.K. government—posted higher revenue and operating profits for the first half of its financial year fueled by geopolitical tensions.Business - The Wall Street Journal - November 13 -
Siemens Energy Lifts Outlook on Power Demand Boom
Siemens Energy raised its midterm targets as the energy company bets on a boom in global power demand helped by rising electrification, industrial decarbonization and AI applications.Business - The Wall Street Journal - November 13 -
White House asks Congress for $100B in aid for hurricanes, other disasters
Top lawmakers plan to spend the next few weeks finalizing a bipartisan bill that fulfills at least some of that request.Politics - Politico - November 18 -
EU to demand technology transfers from Chinese companies
New requirements will apply to batteries but could be expanded to other green sectorsWorld - Financial Times - November 19 -
Greeks go on general strike demanding higher pay
Ships docked at Greek ports, and railway and bus services were disrupted on Wednesday as workers joined a nationwide strike to demand higher pay.Top stories - NBC News - November 20 -
Britvic Profit Rises on Strong Demand, Brazil Performance
The U.K. soft-drinks company said the preliminary results were due to strong demand for Pepsi and Tango, as well as improved trading in Brazil.Business - The Wall Street Journal - November 20 -
Nvidia nearly doubles revenue on strong AI demand
Nvidia reported earnings after the bell. Here are the results.Business - CNBC - November 20 -
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'Record-breaking' emergency housing demand over weekend
The Northern Ireland Housing Executive says it faced "unprecedented levels” of people seeking emergency temporary accommodation.Top stories - BBC News - 4 days ago -
Ford calls for incentives to buy electric cars as backlash grows
The government faces pressure from the industry to make changes to electric vehicle sales quotas.Top stories - BBC News - Yesterday -
Harvey Schwartz and Peter Mandelson quit Bank of London board
Departures including that of former chief executive Anthony Watson are the latest setback for troubled fintechBusiness - Financial Times - October 30 -
This bank account is paying 5.25% right now as interest rates surge
Big rises in yields in recent weeks are good for savers.Business - MarketWatch - October 30 -
Closure of UK inheritance tax ‘loophole’ to penalise estates of wealthy pensioners
Experts say big tax bills could result from Rachel Reeves’ move in the BudgetBusiness - Financial Times - October 30