Latest in Bank Launches
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JPMorgan’s Chase UK bank launches first credit card
Digital-only bank makes first foray into lending after amassing more than £20bn in depositsBusiness - Financial Times - 18 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 -
Armie Hammer returns to public life — with a new podcast
Armie Hammer is back — in your earbuds, anyway, for those who are interested in tuning in to his new project that will in part document him “putting my life back together.”Top stories - NBC News - October 28 -
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Genies launches Parties for brands and creators to launch their own ‘AI Roblox’
Genies, an avatar technology company, has launched Parties after developing its foundational technology stack since the last fundraise.Tech - VentureBeat - 9 hours ago -
Blasts across Lebanon as Israel targets Hezbollah banks
The Israeli military tells people in more than 20 areas in Lebanon to leave, ahead of its overnight strikes.Top stories - BBC News - October 21 -
The IMF and World Bank are stuck in an underperforming rut
The multilateral organisations are not providing the finance the developing world needsWorld - Financial Times - October 21 -
DNB to Buy Swedish Banking Group Carnegie
DNB agreed to buy Swedish investment bank and asset manager Carnegie for around $1.1 billion in cash as it moves to bolster its Nordic footprint.Business - The Wall Street Journal - October 21 -
Deutsche Bank warns of rising bad loan provisions
German lender posts record third-quarter profits but tells investors to brace again for credit risksBusiness - Financial Times - October 23 -
Open banking challenges America’s cozy lenders’ club
A new rule tells US banks to share data with rivals whenever customers demand it. They would rather notWorld - Financial Times - October 23 -
‘Bespoke’ private banking: the ultimate in customer service?
Ultra-wealthy clients can pay for customised care in investments, tax and family governance. But they may not get everything they needBusiness - Financial Times - October 25 -
HSBC’s investors should not bank on its latest overhaul
Grand global restructuring announcements have been all too familiar from the lender over the past decadeBusiness - Financial Times - October 29 -
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Giants to stick with Banks, Jones amid struggles
After coming under fire again for questionable play, Giants CB Deonte Banks will start vs. the Commanders after being benched, while Daniel Jones will remain QB1.Sports - ESPN - October 29 -
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 - 4 days ago -
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 - 2 days ago -
Israel launches air strikes against Iran
Israeli military says the retaliatory attack targeted missile manufacturing plants and air defencesBusiness - Financial Times - October 26 -
Israel launches airstrikes inside Iran
Israel has launched deadly retaliatory airstrikes on Iran. The strikes mark the first time Israel has openly attacked inside Iran. NBC News' Raf Sanchez reports on what it means for the region.Top stories - NBC News - October 26 -
Armie Hammer Launches HammerTime Podcast
Armie Hammer’s career sunk after he was accused of sexual assault and making shocking comments about cannibalism. He said he hopes to learn from his show’s guests.Lifestyle - The New York Times - October 30