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Private equity firms step up plans to edge banks out of low-risk lending
Apollo issues record $40bn of loans in the first quarter, mirroring growth at rivals including KKR and BlackstoneFinancial Times - Business -
Eurozone Jobless Rate Still at Record Low
The eurozone’s unemployment held steady in March, a sign of the robustness of the bloc’s jobs market that might be of concern to the ECB as it focuses on the impact of sticky wage growth.The Wall Street Journal - World -
Norges Bank Holds Rates, Hints at Later Cut
Norway’s central bank held its key policy rate at 4.5% and reiterated that it was likely to stay at that level for some time, as high wage growth and a weak krone keep inflation elevated.The Wall Street Journal - World -
Bank holiday weather: Will it be warm or wet?
It's been warming up this week but could rain spoil your plans for the long weekend?BBC News - Top stories -
Danske Bank Outlook on Track as Demand Sustained
Danske Bank backed its full-year guidance after reporting in-line first-quarter earnings on good demand for its products, efficiency gains and strong credit quality.The Wall Street Journal - World -
Weaker-Than-Expected Payrolls Push Down Dollar
The dollar fell in a week when the Fed was perceived as not too hawkish—after Chair Powell kept a rate hike off the table— and payrolls surprised to the downside, for a change.The Wall Street Journal - World -
Cryptofinance: Stablecoins encroach on shadow banking system
Plus, CZ gets four months and outflows from bitcoin ETFsFinancial Times - World - Crypto -
Danske Bank Outlook on Track as Demand Sustained
Danske Bank backed its full-year guidance after reporting in-line first-quarter earnings on good demand for its products, efficiency gains and strong credit quality.The Wall Street Journal - Business -
How divided is the Bank of England’s policy committee?
Market Questions is the FT’s guide to the week aheadFinancial Times - World -
Belgian insurer urges politicians to strengthen low emission zones
Mutualités Libres among 140 health and environment experts calling for more clean air measures. One of Belgium’s mutual health insurers has been taking a closer look at the country’s three low emission zones.. Dr Luk Bruyneel, a health and ...The Guardian - World -
Prom Dates review – grating high school comedy is a low-rent disaster
Disastrous romp from producer Kevin Hart sees two teens desperately search for prom dates with unfunny results. There are good reasons why many American teens stress about prom: it’s expensive, heightened, fraught with status and identity; the ...The Guardian - World -
Report finds Nestlé adds sugars to baby food in low-income countries
A recent report alleges that Nestlé adds sugars and honey to some of its baby cereal and formula in lower-income countries, while products sold in Europe and other countries are advertised with “no added sugars.”NBC News - Top stories -
Champions Cup: Leinster hold off Saints fightback to reach final - reaction
Reaction after Leinster overcome Northampton Saints in a thrilling semi-final at Croke Park in Dublin.BBC News - Top stories -
Lowe fires Leinster into Champions Cup final despite Northampton’s late rally
Leinster 20-17 NorthamptonIrish side survive late fightback after Lowe’s superb hat-trickThey were not given much of a chance – and sure enough, for most of the match they did not have one. But Northampton, having looked completely lost in front ...The Guardian - World -
Leinster beat Saints to make Euro final with Lowe treble
Leinster advance to the Investec Champions Cup final with a nervy 20-17 victory over Northampton Saints in Dublin.BBC News - Top stories -
Lowe has 4 hits as Rangers beat Royals 15-4
Nathaniel Lowe had four hits and two RBIs, and the Texas Rangers beat the Kansas City Royals 15-4ABC News - Sports - MLB -
Nurses faced with low pay, high cost of living. These cities are worst
A variety of factors have contributed to the national nursing shortage that has affected the U.S. over the past several years. One of these factors in particular is adequate pay, or lack thereof.The Hill - Politics -
Obesity and low productivity in the UK go hand in hand, think-tank warns
IPPR researchers describe government’s ‘laissez-faire’ approach to public health as a ‘failed experiment’Financial Times - Business - United Kingdom -
Low T-levels uptake in England prompts calls for urgent reform of qualification
Flagship skills qualification drew only 1% of 16- to 17-year-old students in 2022Financial Times - Business -
Agustín Carstens: ‘the Basel regime has been very good for the banks’
The BIS head on making global banking betterFinancial Times - World -
Texas Ban on 'Woke' Banks Opens Door for Smaller Firms
The political conflict over socially conscious finance has Wall Street heavyweights pulling back in Texas, the nation’s top issuer of state and local debt, with $42 billion last year.The Wall Street Journal - World - Texas -
Investors Were Burned by European Banks for Years---Until Now
After years in the doldrums, European banks have cleaned up their balance sheets. The result: Stock prices have surged.The Wall Street Journal - World -
Israeli forces kill five people in raid near West Bank’s Tulkarm
Hamas confirms four of five people killed during raid in village of Deir al-Ghusun were from its armed wing. Middle East crisis – live updatesIsraeli forces killed five Palestinians in an overnight raid in a village near the city of Tulkarm in the ...The Guardian - World - Israel -
Bank Indonesia ‘ready for the worst’ in face of hawkish Fed and currency volatility
Senior monetary official says central bank prepared to do more after intervening to shore up rupiahFinancial Times - World -
Treasury yields see biggest weekly drops in months as tepid April jobs report raises rate-cut hopes
Treasury yields finished at their lowest levels in three weeks on Friday after April’s official jobs report brought the potential for a Federal Reserve interest-rate cut back to the minds of some traders.MarketWatch - Business -
Best rowing machines in 2024 for low-impact workouts that blend cardio and strength training
These top-rated rowing machines from NordicTrack, Hydrow and more deliver a full body workout.CBS Sports - Sports -
Heim homers in the 9th and Lowe hits an RBI single in the 10th to lead Rangers past Royals 3-2
Jonah Heim hit a tying solo home run in the ninth inning and Nathaniel Lowe had a go-ahead RBI single in the 10th, leading the Texas Rangers to a 3-2 victory over the Kansas City RoyalsABC News - Sports - MLB -
‘I’ve had massive highs and deep lows’: Edward Timpson on winning for the Tories and being sacked by Liz Truss
Sixteen years after he entered parliament, the former minister has had enough. He talks about fighting for children, backing austerity, and his least favourite Conservative PM . . “I do question whether I’m actually a politician,” Edward Timpson ...The Guardian - World -
Societe Generale chief defends controls after Hong Kong trader’s unauthorized bets
The French banks both outstripped analysts’ expectations, causing their share prices to surgeMarketWatch - Business - Hong Kong -
Inside US airport terminals, banks are merging elite travel clubs with branch offices
Airport terminal bank branches with airline club amenities are growing as financial brands seek to catch the attention of travelers and remote workers.CNBC - Business -
The CEO Who Hired His Wife, Gave His Dog a Title, and Brought Down a Bank
Vernon Hill, the builder of Commerce Bank and Metro Bank, was also behind toppled Republic First.The Wall Street Journal - World -
Standard Chartered posted a rise in first-quarter net profit due to higher trading income, despite lower earnings from the bank's lending business.
Standard Chartered posted a rise in first-quarter net profit due to higher trading income, despite lower earnings from the bank’s lending business.The Wall Street Journal - World -
A Justice Department probe into TD Bank's internal controls focuses on how Chinese crime groups and drug traffickers used the Canadian lender to launder money from U.S. fentanyl sales.
A Justice Department probe into TD Bank’s internal controls focuses on how Chinese crime groups and drug traffickers used the Canadian lender to launder money from U.S. fentanyl sales.The Wall Street Journal - World