Latest in Bank Shares
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US rolls out ‘open banking’ rules to make sharing financial data easier
Agency finalises regulations aimed at increasing competition and helping consumers link bank accounts to appsBusiness - Financial Times - October 22 -
Deutsche Bank shares shed 3% as lender's swing back to profit fails to impress
The partial release of 440 million euros of litigation provisions in the third quarter helped boost profit, Deutsche Bank said.Business - CNBC - October 23 -
Deutsche Bank shares fall on doubling of third-quarter loan losses but profits rise
Deutsche Bank’s pre-tax profits were lifted by a reduction in the provisions it has set aside to settle litigation related to its Postbank acquisitionBusiness - MarketWatch - October 23 -
French banks diverge as Société Générale shares surge, BNP Paribas stock sinks
France’s top two banks saw their share prices take rival trajectories on Thursday as Société Générale shares surged on news of a management shakeup while BNP Paribas shares slipped on a mixed set ...Business - MarketWatch - October 31 -
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 -
Corporate Retreats Are Back. Hotels Are Banking on It.
Desire for more face-to-face meetings is spurring companies to book group events.Business - The Wall Street Journal - October 14 -
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 - 4 days ago -
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 - 3 days ago -
Lucid stock tumbles following public offering to raise $1.67 billion
Lucid intends to use the proceeds "for general corporate purposes, which may include, among other things, capital expenditures and working capital."Business - CNBC - October 17 -
Final Snapchats shared from Argentina
The posts were shared just hours before the singer's death but appear to have been filmed in the days before.Top stories - BBC News - October 17 -
Netflix Shares Rise on Subscriber Growth
The popular streaming platform forecast higher customer sign-up rates for December as its ad-supported service drew new viewers.Business - Inc. - October 18 -
PayPal shares fall on revenue miss, soft guidance
PayPal reported better-than-expected third-quarter earnings on Tuesday, but revenue came in slightly below expectations.Business - CNBC - October 29 -
Microsoft Cloud revenue rises on AI boom but softer outlook weighs on shares
Warnings of slowing Azure growth and rising data centre costs damp initial optimism on tech giant’s quarterly earningsBusiness - Financial Times - October 31 -
WATCH: Trump, Harris prepare for election night
ABC News contributor Cristina Tzintzún Ramirez and former RNC staff member Cassie Smedile talk about the candidates’ campaign strategies.Top stories - ABC News - 3 days ago -
3 states uphold abortion restrictions, 7 others protect abortion access
Measures that would have protected abortion rights at the state level are projected to fail in Florida, Nebraska and South Dakota.Top stories - ABC News - 3 days ago -
Sarah McBride will be the 1st openly trans member of Congress, ABC projects
Delaware State Sen. Sarah McBride has become the first openly transgender person to be elected to Congress, ABC News projects.Top stories - ABC News - 3 days ago -
WATCH: Trump: 'We overcame obstacles that nobody thought possible'
Former Pres. Trump addressed supporters on Election Night: “This was a movement like nobody’s ever seen before, and frankly, I believe this was the greatest political movement of all-time.”Top stories - ABC News - 3 days ago -
Biden congratulates Trump, invites him to meeting at White House
President Joe Biden spoke on the phone with former President Donald Trump on Wednesday and "congratulated him on his victory," the White House said in a statement.Top stories - ABC News - 2 days ago -
WATCH: Chaos ensues after racoon crashes through LaGuardia Airport ceiling
Chaos ensued at the Spirit Airlines counter inside LaGuardia Airport in New York after a raccoon came crashing through a ceiling panel.Top stories - ABC News - Yesterday -
Convicted Jan 6. rioter seeks pardon based on Trump's victory
Moments before a convicted Jan. 6 rioter was sentenced Thursday, he sought a full pardon. He claimed President-elect Donald Trump’s victory vindicated his actions.Top stories - ABC News - Yesterday -
Judge rules Biden's program for undocumented spouses is illegal
On Thursday, Judge J. Campbell Barker ruled in favor of the Republican-led effort to dismantle the Biden administration's programTop stories - ABC News - Yesterday -
US banks ride ‘soft landing’ high
JPMorgan Chase and Wells Fargo beat forecasts as consumers prove more resilient than fearedWorld - Financial Times - October 14 -
Bank of America tops estimates on better-than-expected trading revenue
Bank of America benefited from its Wall Street trading and banking divisions in the third quarter, just as rival JPMorgan Chase did.Business - CNBC - October 15 -
UK to raise bank ringfencing threshold to ‘improve competitiveness’
Wider package of reforms expected ‘as soon as parliamentary time allows’, says ministerBusiness - Financial Times - October 15 -
Citigroup earnings top estimates, but stock falls as bank boosts loan loss reserves
The bank's third-quarter report was stronger than Wall Street expected but still showed a year-over-year decline in earnings.Business - CNBC - October 15 -
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