Latest in Banks Diverge Société
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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 -
Trump will amplify American exceptionalism and divergence from Europe
On most dimensions, the policy mix of incoming president is positive for US equitiesWorld - Financial Times - November 14 -
As Swing State Polls Close, Voters Choose Between Divergent Americas
The two presidential candidates offered drastically different attitudes and visions for the country.Business - Inc. - November 5 -
Ex-Israeli defense chief says he was fired for diverging with Netanyahu on key war issues
Former Israeli Defense Chief Yoav Gallant said Tuesday he was fired from his post by Prime Minister Benjamin Netanyahu after splitting with him on key war issues, including getting Hamas's hostages ...Politics - The Hill - November 5 -
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Walmart hits new highs and Target dives after earnings as rivals diverge even more
Both discounters are contending with price-conscious shoppers, but Walmart reported improving trends with discretionary merchandise.Business - CNBC - 3 days ago -
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 -
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 - November 5 -
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 - November 5 -
HSBC’s investors should not bank on its latest overhaul
Grand global restructuring announcements have been all too familiar from the lender over the past decadeBusiness - Financial Times - October 29 -
Giants to stick with Banks, Jones amid struggles
After coming under fire again for questionable play, Giants CB Deonte Banks will start vs. the Commanders after being benched, while Daniel Jones will remain QB1.Sports - ESPN - October 29 -
Interest rates cut but Bank hints fewer falls to come
Interest rates were cut to 4.75% but the Bank expects inflation to creep higher after last week's Budget.Top stories - BBC News - November 7 -
Trump’s victory sets up traps for central banks
The incoming president is likely to attack the Fed if it seeks to counteract his policies or if inflation takes off againWorld - Financial Times - November 7 -
Bank of England cuts interest rates to 4.75%
Central bank signals further reduction is unlikely before next year as it raises post-Budget inflation forecastWorld - Financial Times - November 7 -
British banks face an expensive motor finance crash
Giving dealers incentives to increase loan interest rates for car buyers could be ruinous for lendersWorld - Financial Times - November 8 -
Deutsche Bank takes a bite out of Greggs
Wages up, margins downBusiness - Financial Times - November 8 -
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Druckenmiller poured into regional banks in the third quarter
Stanley Druckenmiller made a big bet on regional banks in the third quarter, that’s likely paid off after a Republican sweep in the elections.Business - MarketWatch - November 15 -
The drama and farce of the Baker Street bank heist
In 1971, a group broke into a bank vault - but the plan was nearly brought down by a radio ham.Top stories - BBC News - November 17 -
Treasury imposes sanctions on Russian banks, financial officials
Russia’s third largest bank, Gazprombank, and its subsidiaries were hit with U.S. sanctions on Thursday, making it the largest bank not already targeted as the Russia-Ukraine war nears its three ...Politics - The Hill - 2 days ago -
What are banks doing with your financial data?
Your transactions reveal a lot about you as a person — it could be valuable informationWorld - Financial Times - 2 days ago -
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Russia's central bank raises key rate to 21% to rein in higher-than-forecast inflation
Russia's central bank on Friday raised its key interest rate by 200 basis points to 21%, citing higher-than-forecast consumer price increases.Business - CNBC - October 25 -
In key swing states, the lines at food banks are growing longer
Across the rural communities and industrial towns of western Michigan, semitrucks hauling thousands of pounds of food are pulling up to church parking lots and community centers where growing lines ...Politics - NBC News - October 26 -
Banks and regulators warn of rise in ‘quishing’ QR code scams
HSBC, Santander and the US Federal Trade Commission concerned over email attacks that bypass cyber-defencesBusiness - Financial Times - October 27 -
US leads efforts to keep lifeline for West Bank lenders open
Yellen warns Netanyahu of ‘economic catastrophe’ if Israel refuses to extend waiver for Palestine banksBusiness - Financial Times - October 28 -
Heritage Foundation: the rightwing ‘Project 2025’ think-tank banking on Trump
Republican candidate now seeks to distance himself from controversial group and its manifestoWorld - Financial Times - October 29 -
Petrol and food prices will fall thanks to oil glut, says World Bank
Downward trend in oil price from higher production, falling demand in China and clean energy to continue. Business live – latest updates Petrol and food prices will fall over the next two ...World - The Guardian - October 29 -
Former bank boss in Latvia jailed for ordering killing of whistleblower
LPB Bank owner Mihails Ulmans sentenced to 15 years over hit on lawyer who suspected money-launderingBusiness - Financial Times - October 29 -
Deteriorating Loans Stress Regional Banks’ Office Building Portfolios
The commercial real estate borrowing crisis hasn’t gone away, as shown by about a dozen mid-sized banks reporting a rise in missed payments from commercial real estate borrowers.Business - Inc. - October 29 -
JPMorgan Chase Sues Four Customers for Bank Fraud Seen in Viral TikToks
The people deposited fake checks and withdrew large sums from Chase ATMs, the lawsuits said.Business - The Wall Street Journal - October 29 -
Swiss bank UBS smashes third-quarter expectations with $1.4 billion in profit
Swiss banking titan UBS on Wednesday posted a large profit beat, after completing its first wave of client migrations following its integration of collapsed domestic rival Credit Suisse.Business - CNBC - October 30 -
Harvey Schwartz and Peter Mandelson quit Bank of London board
Departures including that of former chief executive Anthony Watson are the latest setback for troubled fintechBusiness - Financial Times - October 30 -
This bank account is paying 5.25% right now as interest rates surge
Big rises in yields in recent weeks are good for savers.Business - MarketWatch - October 30 -
Closure of UK inheritance tax ‘loophole’ to penalise estates of wealthy pensioners
Experts say big tax bills could result from Rachel Reeves’ move in the BudgetBusiness - Financial Times - October 30 -
Bank of Japan holds rates but signals normalisation still on track
Political uncertainty following election upset raises risks of abrupt policy shifts, warn analystsWorld - Financial Times - October 31 -
Switzerland is now flirting with deflation, causing a dilemma for its central bank
Switzerland could be at risk of slipping into deflationary territory next year as a stronger Swiss franc dogs policymakers' efforts to get a handle on prices.Business - CNBC - October 31 -
BNP Paribas Investment Bank Growth Offsets Retail Weakness
BNP Paribas reported a rise in third-quarter earnings that was in line with market expectations, as growth in its investment bank offset softness in its domestic retail business.Business - The Wall Street Journal - October 31
