Bank Huge Haul
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Huge swing to Labour in Blackpool South by-election
The 26.3% swing was the third largest from Conservative to Labour in post-war by-election history.BBC News - Top stories -
Norges Bank Holds Rates, Hints at Later Cut
Norway’s central bank held its key policy rate at 4.5% and reiterated that it was likely to stay at that level for some time, as high wage growth and a weak krone keep inflation elevated.The Wall Street Journal - World -
Bad night for Sunak as Tories suffer poll defeats
Labour leader hails huge by-election win as party continues to gain ground in polls across England.BBC News - Top stories -
Danske Bank Outlook on Track as Demand Sustained
Danske Bank backed its full-year guidance after reporting in-line first-quarter earnings on good demand for its products, efficiency gains and strong credit quality.The Wall Street Journal - World -
USD/JPY Could Return to 160; BOJ Should Stop Balance-Sheet Expansion, BlueBay Says
USD/JPY could still rise back to 160, once Japanese intervention ends, should the U.S. economy remain upbeat, BlueBay said.The Wall Street Journal - World -
Agustín Carstens: ‘the Basel regime has been very good for the banks’
The BIS head on making global banking betterFinancial Times - World -
Societe Generale and Credit Agricole shares rally as French banks beat profit forecasts
The French banks both outstripped analysts’ expectations, causing their share prices to surgeMarketWatch - Business -
Standard Chartered posted a rise in first-quarter net profit due to higher trading income, despite lower earnings from the bank's lending business.
Standard Chartered posted a rise in first-quarter net profit due to higher trading income, despite lower earnings from the bank’s lending business.The Wall Street Journal - World -
A Justice Department probe into TD Bank's internal controls focuses on how Chinese crime groups and drug traffickers used the Canadian lender to launder money from U.S. fentanyl sales.
A Justice Department probe into TD Bank’s internal controls focuses on how Chinese crime groups and drug traffickers used the Canadian lender to launder money from U.S. fentanyl sales.The Wall Street Journal - World