Latest in Banks Gird
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Banks and fintechs join ‘stablecoin gold rush’
Bank of America and Stripe target market for payments in cryptocurrenciesFinancial Times - 1d -
Americans should ‘absolutely not’ brace for recession despite bank warnings: Commerce secretary
In an exclusive interview with Meet the Press, Commerce Sec. Howard Lutnick says Americans should “absolutely not” brace for a recession amid warning signs from major banks like JP Morgan and ...NBC News - 2d -
Child deaths surge amid ‘Gazafication’ of West Bank, report says
Palestinians facing mass displacements, airstrikes and rise in attacks on children and other civilians, rights group says. Israel has brought the military tactics of its war in Gaza to the occupied ...The Guardian - 1d -
USDA halts more than $1B in funding for local food banks, schools
The U.S. Department of Agriculture (USDA) says it has nixed more than $1 billion in funding for local food banks and schools by terminating two programs that aid state, tribal and territorial ...The Hill - 3h -
China’s Geely sells Saxo Bank stake to Swiss private bank
Eight-year joint venture was a bet on Chinese capital markets opening up to the westFinancial Times - 1d -
How a hidden benefit of a Wells Fargo asset cap removal could save the bank billions
The bank paid $2.5 billion more in remediation efforts in 2023 than in 2018, which was a year before Charlie Scharf became CEO.CNBC - 1h -
Ramadan in the West Bank: Displacement and Despair
An Israeli military operation has uprooted tens of thousands of Palestinians who can’t break their fast in their own homes and don’t know when, or if, they will ever return.The New York Times - 2h -
The Biggest US Banks Have All Backed Out of a Commitment to Reach Net Zero
In the lead up to the inauguration, the six largest US banks left a voluntary alliance with the UN to reach net zero by 2050. Now, critics are calling for new climate laws.Wired - 3d -
Stirtz, Banks lead Drake past Bradley 63-48 for third straight Missouri Valley championship
Bennett Stirtz scored 24 points, Tavion Banks added 13 and top-seeded Drake defeated No. 2-seed Bradley 63-48 to win Arch Madness for the third consecutive timeABC News - 1d -
Packers, OL Aaron Banks agree to 4-year, $77 million deal: Report
Jordan Love is getting another solid guard this fall. The Packers struck a four-year, $77 million deal to land 49ers offensive lineman Aaron Banks, according to the NFL Network.Yahoo Sports - 19h -
Here's why banks don't want the CFPB to disappear
For years, American financial companies have fought the Consumer Financial Protection Bureau — the chief U.S. consumer finance watchdog — in the courts and media, portraying the agency as ...NBC News - 1d -
Here's why banks don’t want the CFPB to disappear
The Consumer Financial Protection Bureau and its employees are in limbo after acting Director Russell Vought took over last month.CNBC - 1d -
Central banks should fear misbehaving inflation expectations
Widening dispersion and greater inflation uncertainty mean expectations are not as anchored as they appearFinancial Times - 7h -
Packers free agency: Green Bay invests in protecting Jordan Love by signing one of top interior OL, per report
Aaron Banks is coming over from San FranciscoCBS Sports - 22h -
Christians Are Pressing Trump to Clear a Path for Israel to Annex the West Bank
Some 80 percent of white, evangelical Christians voted for President Trump. Now, some want a policy change that could undermine a future Palestinian state.The New York Times - 2d -
US makes fresh push for World Bank to back nuclear power
New administration wants Washington-based multilateral lender to help the west compete with China and RussiaFinancial Times - 2d -
‘Nuclear bomb’ ruling on car finance could spur UK bank deals
Consolidation is back on the agenda for industry as bankers eye more mergers and acquisitionsFinancial Times - 1d -
UK watchdog tells banks to prepare for redress scheme on car loans
FCA to announce decision on compensation within six weeks of court rulingFinancial Times - 9h -
USDA cancels $1 billion in local meal funding for schools and food banks
The USDA said it is promoting wiser government spending, but schools say it will make it tougher to serve healthy meals.CBS News - 45m -
With Myles Garrett staying, what will the Browns do for a quarterback?
Three years ago, the Browns broke the bank to get Deshaun Watson in the fold.Yahoo Sports - 1d -
Trump Organization sues Capital One bank over account closures after Jan. 6 Capitol riot
The Trump companies accuse Capitol One of having "'woke' beliefs that it needed to distance itself from President Trump and his conservative political views."CNBC - 3d -
European stocks have crushed the U.S. — now a big bank is shifting its view
The year has started with a big rally for European stocks as the U.S. market struggles to remain above water. Now, HSBC strategists are changing their tune.MarketWatch - 1d -
Fed chief Jay Powell plays down growth worries after jobs report disappoints
Chair says US central bank in no ‘hurry’ to cut interest rates at end of turbulent week for Wall StreetFinancial Times - 3d -
Mark Carney to replace Trudeau as Canada’s prime minister
Former central bank head accuses Donald Trump of attacking Canadian workers and familiesFinancial Times - 1d -
Ex-Barclays boss Staley accuses regulator of ‘destroying’ his reputation
UK bank’s former chief hits back over alleged links with convicted paedophile Jeffrey EpsteinFinancial Times - 1d -
Coinbase to make comeback in India as opposition to crypto eases
Central bank has long opposed digital coins but Modi government is now more open after Trump's endorsementFinancial Times - 9h -
Market alarms are flashing, and Citi’s latest downgrade adds fuel to the fire
Like other Wall Street banks, Citigroup is worried about the state of the U.S. economy, and recommend putting money elsewhere. For now.MarketWatch - 6h -
The ACC is on track for its fewest men's NCAA tournament bids in 25 years -- what's next?
The storied college basketball conference is in flux, but it's banking on an injection of money and young wave of coaches to carry it into this new era.ESPN - 6h -
E.C.B. Cuts Interest Rates Again, With an Uncertain Path Ahead
Vows by European leaders to increase borrowing to ramp up military spending have reshaped the fiscal picture that the central bank must confront.The New York Times - 4d -
Trump Organization Sues Capital One for Closing Its Accounts
President Trump’s family business accused the bank of violating consumer protection laws by closing its accounts in the aftermath of the Jan. 6 attack.The New York Times - 3d -
Labour ministers yet to hold talks over Abramovich funds
Funds worth £2.5bn - meant to help Ukrainians - remain frozen in a UK bank account over a row about how to use them.BBC News - 3d -
i-D Magazine Gets a New Life Just as Cool as Its Old Life
The art and fashion worlds convened at Rick Owens austere Left Bank house to celebrate the relaunch of Karlie Kloss’s i-D Magazine.The New York Times - 2h -
Ignore the row: this Oscar-winning film offers a vision of a shared Palestine forged in solidarity | Kenan Malik
The documentary is both antisemitic and Israeli propaganda, according to critics. The truth is, it provides a rare glimpse of hope. In 2009, Tony Blair visited Masafer Yatta, a collection of ...The Guardian - 2d -
Trump’s Putin gambit: How to hammer Moscow with sanctions that bite
President Trump has threatened to unleash "large-scale banking sanctions, sanctions, and tariffs on Russia" to force Putin to negotiate a ceasefire and final settlement agreement on peace, but his ...The Hill - 1d -
Wall Street suffers ‘ugly’ sell-off amid US recession fears, as Musk’s Tesla falls 50% from all–time high – business live
Volatility soars and shares slide after Beijing imposes tariffs on imports of agricultural goods from America. Analysts at investment bank Jefferies remain optimistic about the prospects for the ...The Guardian - 1d -
Bipartisan pair of senators reintroduce bill to expand fentanyl testing in hospitals
The bill from Sens. Alex Padilla, D-Calif., and Jim Banks, R-Ind., is called “Tyler’s Law,” named after a California teenager who died following a fentanyl overdose.NBC News - 10h -
‘Ceasefire’ is a hollow word for Palestinians – the killings, displacements and denial of aid continue | Nesrine Malik
A winding down of operations in Gaza has allowed Israel to turn its attention to the West Bank, with devastating effects. It has been just over six weeks since a ceasefire came into effect in Gaza, ...The Guardian - 1d -
Canadians believe that Mark Carney is the man to stand up to Donald Trump | Colin Horgan
The newly appointed Liberal leader is likely to call a federal election to bolster his mandate, but Canadians seem to see him as the best bet to counter US tariffs. When Mark Carney took the job as ...The Guardian - 1d -
Who is Mark Carney, Canada's next prime minister?
Canada's Liberal Party has chosen former central bank leader Mark Carney to succeed Justin Trudeau as the country's next prime minister. The 59-year-old economist won with nearly 86% support in a ...CBS News - 19h -
What can Canada expect from its next PM? The Mark Carney I knew | Larry Elliott
In his seven years as Bank of England governor, Carney was charming and self-confident but had a volcanic temper. Smart, smooth, tough and a liberal globalist to the ends of his fingertips. That ...The Guardian - 12h
