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Deutsche’s private bank fires over 100 bankers in cost-cutting drive
Frankfurt-headquartered lender has imposed demanding targets on underperforming unitBusiness - Financial Times - 3 days ago -
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 -
US central bank boss says Trump can't fire him
The US central bank cuts interest rates, as its chairman vows to stay on the job.Top stories - BBC News - 6 days ago -
Citi revamps pay for wealth bankers
More bonuses will go to those who move client assets into investments, and less to those who sell new loansBusiness - Financial Times - 6 days ago -
UK regulator sets out plans for earlier banker bonuses
Prudential Regulation Authority chief says 8-year deferral period, introduced after financial crisis, could be cut to 5 yearsBusiness - Financial Times - October 18 -
Disgraced Lebanese Central Banker Who Was a Fugitive Now Awaits His Fate
Riad Salameh was arrested on graft charges and accused of undermining Lebanon’s economy, as the Israel-Hezbollah war further destabilizes the country.World - The Wall Street Journal - November 3 -
Spanish central banker set to inherit big challenges as next BIS head
Pablo Hernández de Cos to take over amid fears Donald Trump will derail progress on setting capital standards for world’s biggest lendersBusiness - Financial Times - 6 days ago -
Wall Street bankers on course for up to 35% bonus bump
Debt bankers forecast to make biggest gains as finance industry recovers from two-year lullBusiness - Financial Times - 2 days ago -
How an ex-Goldman banker built a $10bn private credit ‘whale’ — and now may sell it
After years of preparation, HPS is on the verge of either a deal or an IPOBusiness - Financial Times - October 24 -
Some Wall Street bankers to get fatter bonuses for the first time in three years: study
Investment bankers in debt underwriting may see bonuses jump by as much as 35%.Business - MarketWatch - 2 days ago -
Klarna IPO emerges as fintechs gain traction and bankers signal more interest in stock debuts
The buy-now-pay-later company aims to tap into a revival of interest in stocks like Affirm and SoFi.Business - MarketWatch - 20 hours ago -
A Skeleton Bank of Understudied Species
With a new database of medical images, zoo and wildlife vets can finally see what healthy uncommon animals, from rhinos and tamarins to pangolins and sea stars, should look like on the inside.World - The New York Times - October 26 -
Deutsche Bank's Investment Bank Performance, Provision Releases Lift Profit
Deutsche Bank reported a better-than-expected rise in its third-quarter profit on growth in its investment-banking division and the partial release of provisions linked to litigation over its ...Business - The Wall Street Journal - October 23 -
Bank of Canada resorts to jumbo rate cut as growth falters
Slowdown prompts shift to 50bp reduction, with rate-setters saying borrowing costs are likely to fall furtherWorld - Financial Times - October 23 -
UK banks deserve a place in the sun
Third-quarter results underscore their low sensitivity to interest ratesWorld - Financial Times - October 29 -
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 -
America Is Playing With Fire
It’s both frightening and disturbing to think that American voters could once again make someone as unhinged and unbridled as Donald Trump the president.Top stories - The New York Times - October 23 -
Presidents Roasting By An Open Fire
President-elect Trump meets President Biden in the Oval Office.Top stories - BBC News - 22 hours ago -
Switzerland’s wealth managers bank on a future in Asia
Hong Kong and Singapore are the world’s rising wealth centresWorld - Financial Times - October 16 -
UK to consult on ‘opt-out’ AI content scraping in blow to publishers
Decision follows months of lobbying from tech sector and creative industriesBusiness - Financial Times - October 16 -
Lebanon feels it is being punished for a decision Hizbollah made
Civil society has sprung into action but the overwhelming sense of solidarity may be hard to sustainBusiness - Financial Times - October 16 -
Cher, Tyra Banks and Others Celebrate Burberry’s Flagship Store Reopening
The British brand hosted a starry cocktail party to celebrate a makeover of its flagship store.Lifestyle - The New York Times - October 17 -
Why European bank mergers are back on the table
Rising rates have boosted profits and policymakers want banks that can compete with US rivals. But many obstacles remainBusiness - Financial Times - October 18