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Banks warn UK Treasury of risk of sector turmoil after car finance ruling
Lenders meet government officials and regulators over fallout from court judgment on ‘secret’ auto loan commissionsBusiness - Financial Times - October 29 -
Asia needs to spend much more to adapt to climate change and limit its damage, bank study says
A study by the Asian Development Bank shows that countries in Asia will suffer worse damage from the climate crisis than other regions and they are not spending enough to limit the damage and adapt ...World - ABC News - October 30 -
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 -
Middle East latest: Officials in West Bank say Israeli raid has killed 3
Palestinian officials said that an Israeli military raid in the occupied West Bank killed at least three peopleWorld - ABC News - October 31 -
Hong Kong cracks down on how banks and hedge funds discuss block trades
Regulator brings in new measures after launching criminal insider dealing case against Segantii Capital ManagementBusiness - Financial Times - October 31 -
Banks’ use of AI could be included in stress tests, says BoE deputy governor
Sarah Breeden says technology’s ‘power and use . . . is growing fast’Business - Financial Times - October 31 -
All assets posted negative returns in October apart from gold, silver and oil, Deutsche Bank says
Markets have just gone through one of the toughest months they’ve experienced in 2024 so far, according to a new analysis by Deutsche Bank.Business - MarketWatch - November 1 -
JPMorgan sues four people over ‘Chase Bank glitch.’ Here’s how much money they allegedly stole.
JPMorgan Chase filed lawsuits against four people or entities on Monday, accusing the customers of withdrawing money that was never in their accounts.Business - MarketWatch - November 2