Banks Doing Financial

Rallying bank stocks have further room to run, analyst says

Hovde’s Feddie Strickland sees additional gains despite rally ‘if history serves as a guide.

Business - MarketWatch - November 11

Banks may face uncertainties after election euphoria fades: analyst

Moody’s banking strategist Chris Stanley sees potential headwinds along with positive trends for banks in a new Trump administration.

Business - MarketWatch - November 11

Financing the Fight Against Global Warming Falls to Multilateral Banks

These financial institutions are complex, and vital to funding efforts to slow climate change. Here’s how they work.

Business - Inc. - November 11

Metro Bank fined £17mn for anti-money laundering control failings

UK lender failed to ensure automated system was correctly checking customer transactions

Business - Financial Times - November 12

The inspiring scientists who saved the world’s first seed bank

During the siege of Leningrad, botanists in charge of an irreplaceable seed collection had to protect it from fire, rodents – and hunger. Somewhere in the sky above, the mosquito drone of a plane’s ...

World - The Guardian - November 12

Far-right Israeli minister’s call to annex West Bank sparks outrage

Diplomats including EU’s Josep Borrell say move would breach international law and threaten regional stability

Business - Financial Times - November 12

Lloyds Bank to stop recognising senior employees union membership

High street lender introducing ‘people forums’ to discuss issues including job cuts, pay and policies

World - Financial Times - November 13

Free agent superstar Juan Soto is about to break the bank — and baseball

The New York Yankees slugger is expected to sign a deal north of $600 million that will come close to the real-dollar value of Shohei Ohtani's $700 million pact.

Trump's Win Spurs New Push for West Bank Annexation in Israel

The idea is seen as illegal by most of the international community and could threaten Israel’s relations with its Arab allies.

World - The Wall Street Journal - November 13

Banks are reporting a tenfold surge in digital scams, cybersecurity firm BioCatch says

Banks are under pressure to kick criminals off their platforms and compensate more victims as regulators and lawmakers focus on the harm done by digital scams.

Business - CNBC - November 13

Britain's car finance industry is in crisis – with banks bracing for billions in payouts

The crisis has prompted comparisons to Britain's PPI scandal, which was estimated to have cost banks more than £50 billion ($63.8 billion).

Business - CNBC - November 14

Bank Holiday airport chaos made worse by password issue, report says

An air traffic control engineer was unable to fix a major fault from home, a report says.

Israeli Right, Pushing to Annex West Bank, Sees Allies in Trump’s Picks

Arab Americans and liberal Jewish voters, however, have ample reason to fear the naming of pro-settlement, pro-Netanyahu officials to top foreign policy posts in the new administration.

Top stories - The New York Times - November 14

UK must rebuild post-Brexit relations with EU, says Bank of England boss

Governor Andrew Bailey delivers his strongest comments yet on the UK's departure from the EU.

World Bank says war in Lebanon has caused billions in losses

World - Yahoo News - November 14

What the Mike Huckabee pick could signal for the West Bank

The West Bank has seen escalating violence since Oct. 7, with Israeli soldiers pursuing militants in residential areas and Jewish settlers mounting attacks on Palestinians in land grabs. Elizabeth ...

World - CBS News - November 14

How Trump will transform banking regulation — even with Powell at the Fed

Regulatory change takes time, but Trump can make several moves immediately to gain control of bank supervision and M&A approval.

Business - MarketWatch - November 16

11 bank stocks trading at low valuations, even after Trump bump

Bank stocks have had quite a run following Donald Trump’s election to a second term as president. But investors need to ask themselves whether or not some of stocks are trading too high.