Banking Sector Fears
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Campari CEO Bets on Growth in U.S., Asia-Pacific Despite Sector Struggles
Campari Chief Executive Matteo Fantacchiotti said in an interview that the distiller has been focused on growing in the U.S. and Asia-Pacific at a time when other European drinks makers are facing a challenging environment in both markets.The Wall Street Journal - World -
Campari CEO Bets on Growth in U.S., Asia-Pacific Despite Sector Struggles
Campari Chief Executive Matteo Fantacchiotti said in an interview that the distiller has been focused on growing in the U.S. and Asia-Pacific at a time when other European drinks makers are facing a challenging environment in both markets.The Wall Street Journal - Business -
China rally hasn’t been chased by options traders, Bank of America says
The rally in Chinese stocks may have legs because options traders have yet to chase it, say analysts at Bank of America.MarketWatch - Business - China -
Wells Fargo Hires Ex-JPMorgan Investment-Bank Boss Fernando Rivas
The San Francisco lender is focused on expanding its relatively small investment bank.The Wall Street Journal - World -
In Congressional Hearing, NYC Schools Chief David Banks Fights Back Against Republicans
Under aggressive, rapid-fire questioning, David C. Banks, the chancellor of New York City schools, pushed back hard on accusations that the district had allowed antisemitism to fester.The New York Times - Top stories - Republican Party -
Wells Fargo names JPM veteran as corporate and investment bank co-CEO in bulk-up
Fernando Rivas is joining the bank as it staffs up its investment-banking practice.MarketWatch - Business -
Mike Braun wins Indiana GOP governor nod, with Jim Banks lined up to succeed him in the Senate
Indiana Republican Rep. Jim Banks won the state’s GOP Senate primary unopposed Tuesday, while Sen. Mike Braun won the nomination for governor.NBC News - Politics -
U.S. pauses weapon shipment to Israel over fears that it might be used in Rafah
The White House is pressuring Israel not to launch a major invasion on Rafah. A senior administration official said one shipment of weapons, containing bombs, was paused last week. The U.S. is concerned Israel would use it on Rafah.CBS News - Top stories - Israel