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Foreclosures in China Soar, Threatening to Choke Off Bank Profits
When the housing market was flying high, mortgage defaults were almost nonexistent. But now the legal system is struggling to keep up with evictions.Business - The New York Times - November 4 -
Israel Strikes Syria for Second Day, Targeting Hezbollah Weapons Facilities
The military said the attacks were meant to reduce the transfer of weapons and intelligence from Iran through Syria to Hezbollah, the armed group in Lebanon.World - The New York Times - November 5 -
Bank stocks jump almost 12% as traders bet on less regulation in a Trump presidency
A handful of well-known bank names jumped as traders ready for a second Trump term.Business - CNBC - November 6 -
Bank stocks soar as Trump victory expected to lead to looser regulatory backdrop
Banks have been pushing all year to loosen capital requirements and are also expected to benefit from potential tax cuts.Business - MarketWatch - November 6 -
Banks and Tesla lead list of top-performing stocks following Trump’s victory
The S&P 500 financial sector rose 5% when trading opened on Wednesday.Business - MarketWatch - November 6 -
Tesla and US bank stocks jump in post-election trades as renewables slump
Companies whose fortunes are closely tied to US economy should benefit, say analystsWorld - Financial Times - November 6 -
Banks face growing risk as double defaults on commercial loans mount
A bank practice known as ‘extend and pretend’ has delayed a write-off reckoning but may hide a growing systemic riskWorld - Financial Times - November 7 -
Skincare review – Elizabeth Banks horror thriller is a thing of beauty
An LA salon-owner gets involved in an escalating feud with a rival facialist in this blackly comic thriller with a pleasing female focus. Following hot on the stiletto heels of female-led ...World - The Guardian - November 7 -
Bank of England Cuts Interest Rates, but Signals Stickier Inflation
The central bank said that future cuts would be gradual amid higher inflation forecasts after the new government introduced spending and tax increases in its budget.Top stories - The New York Times - November 7 -
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 - November 7 -
Climate breakdown will hit global growth by a third, say central banks
New modelling finds risk to global economies much worse than previously thought, but group of central banks says even this may be an underestimate. The physical shocks caused by climate breakdown ...World - The Guardian - November 8 -
Bank of America upgraded to buy ahead of Trump’s return to the White House
Citi analyst Keith Horowitz expects differences in bank-stock metrics to flatten as the sector benefits from lower taxes and lighter regulation under the second Trump administration.Business - MarketWatch - November 8 -
Deutsche’s private bank fires over 100 bankers in cost-cutting drive
Frankfurt-headquartered lender has imposed demanding targets on underperforming unitBusiness - Financial Times - November 11 -
Are banks open on Veterans Day? Here's what's open and closed.
Some businesses and services may be closed on Veterans Day, a holiday to commemorate Americans who served in the military.Top stories - CBS News - November 11 -
Rallying bank stocks have further room to run, analyst says
Hovde’s Feddie Strickland sees additional gains despite rally ‘if history serves as a guide.Business - MarketWatch - November 11 -
Banks may face uncertainties after election euphoria fades: analyst
Moody’s banking strategist Chris Stanley sees potential headwinds along with positive trends for banks in a new Trump administration.Business - MarketWatch - November 11 -
Financing the Fight Against Global Warming Falls to Multilateral Banks
These financial institutions are complex, and vital to funding efforts to slow climate change. Here’s how they work.Business - Inc. - November 11 -
Metro Bank fined £17mn for anti-money laundering control failings
UK lender failed to ensure automated system was correctly checking customer transactionsBusiness - Financial Times - November 12 -
The inspiring scientists who saved the world’s first seed bank
During the siege of Leningrad, botanists in charge of an irreplaceable seed collection had to protect it from fire, rodents – and hunger. Somewhere in the sky above, the mosquito drone of a plane’s ...World - The Guardian - November 12 -
Far-right Israeli minister’s call to annex West Bank sparks outrage
Diplomats including EU’s Josep Borrell say move would breach international law and threaten regional stabilityBusiness - Financial Times - November 12 -
Lloyds Bank to stop recognising senior employees union membership
High street lender introducing ‘people forums’ to discuss issues including job cuts, pay and policiesWorld - Financial Times - November 13 -
Free agent superstar Juan Soto is about to break the bank — and baseball
The New York Yankees slugger is expected to sign a deal north of $600 million that will come close to the real-dollar value of Shohei Ohtani's $700 million pact.Top stories - NBC News - November 13 -
Trump's Win Spurs New Push for West Bank Annexation in Israel
The idea is seen as illegal by most of the international community and could threaten Israel’s relations with its Arab allies.World - The Wall Street Journal - November 13 -
Banks are reporting a tenfold surge in digital scams, cybersecurity firm BioCatch says
Banks are under pressure to kick criminals off their platforms and compensate more victims as regulators and lawmakers focus on the harm done by digital scams.Business - CNBC - November 13