Latest in Banking Beats
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Nearly half of Americans say they live paycheck to paycheck—only 30% actually do, new Bank of America data finds
Bank of America data shows the number of households actually living paycheck to paycheck may be smaller than the number of those who feel strapped for cash.Business - CNBC - 5 days ago -
UK inflation surges above Bank of England's 2% target, curbing December rate cut expectations
The hike marks a sharp increase from the 1.7% rise recorded in September and exceeds the 2.2% forecast of economists polled by Reuters.Business - CNBC - 4 days ago -
European Central Banks warns of trade tension risks to euro zone financial stability
The Financial Stability Review also said weak growth was now a bigger threat to the 20-nation euro zone than high inflation.Business - CNBC - 4 days ago -
Traders trim Bank of England rate cut bets after U.K. inflation rebounds
The chances of another rate cut this year by the Bank of England has diminished after data showed an acceleration in the pace of Britain’s inflation last month.Business - MarketWatch - 4 days ago -
Here’s why JPMorgan’s stock gets one analyst’s only downgrade after the Trump bank-stock rally
There’s only one other “deep value stock” among the large U.S. commercial and investment banks, according to one Oppenheimer analyst.Business - MarketWatch - 4 days ago -
European Central Bank warns that concentration in highly-valued U.S. tech stocks poses financial stability risk
High equity valuations and investors’ concentration in big U.S. tech stocks are among the main risks to financial stability, says the ECBBusiness - MarketWatch - 4 days ago -
Two powerful banking regulators say they won’t step down just because Trump won
Two of the U.S. government’s most powerful banking regulators have said that they have no plans to step down, in response to pointed questions about their futures under a Trump administration from ...Business - MarketWatch - 4 days ago -
Eagles' Jalen Hurts banking on different plan to help stay healthy for playoff push
Hurts and the Eagles have a different plan to keep their star QB healthySports - CBS Sports - 3 days ago -
Truist Bank Makes Hundreds of Millions in Loans Available for Helene Recovery in North Carolina
The Charlotte-based bank plans a three-year $650 million lending program for small businesses and municipalities in storm-ravaged western North Carolina.Business - Inc. - 2 days ago -
Ex-Barclays chief John Varley pulled back into fight to clear bank’s name
Financial Conduct Authority fined lender £50mn over 2008 emergency fundraisingWorld - Financial Times - Yesterday -
Brat banking: Charli xcx takes the stage in Revolut’s push to cleanse its image
Two-day bash in London was part of ‘lifestyle brand’ push to snare younger customers. Thousands of bank customers braved the wind and rain of Storm Bert on Saturday night, forming queues that ...World - The Guardian - 5 hours ago