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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 - 2 days ago -
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 - Yesterday -
Deutsche Bank shares shed 3% as lender's swing back to profit fails to impress
The partial release of 440 million euros of litigation provisions in the third quarter helped boost profit, Deutsche Bank said.Business - CNBC - October 23 -
Solving the UK’s consumption conundrum
Real earnings are rising and consumer confidence has improved yet households still choose to save their disposable income rather than spend itWorld - Financial Times - October 21 -
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The UK in Trump’s world
Plus, Kemi Badenoch’s first steps as the new Tory leaderWorld - Financial Times - November 8 -
Is the UK spending enough on defence?
And what Trump 2.0 could mean for Ukraine.Top stories - BBC News - November 10 -
UK wage growth steadies as hiring stalls
Data shows cooling jobs market as Bank of England weighs when to make next cut in interest ratesBusiness - Financial Times - 6 days ago -
How vulnerable is the UK to Trumponomics?
US president-elect’s plans for tariffs, and the prospect of global trade tensions, risk leaving Britain exposedBusiness - Financial Times - 4 days ago -
Nigerian banks race to raise capital after order to bolster balance sheets
Central bank moves to promote stability in industry while country struggles with deteriorating economyBusiness - Financial Times - October 20 -
US banks consider cutting interest payments on company deposits
Lenders target corporate clients as they seek to maintain profit margins with Fed trimming benchmark ratesBusiness - Financial Times - October 20 -
Debt will overshadow IMF gathering as World Bank boss pleads for poorest countries
In Washington, finance ministers will face pressure for action to reduce their own debt and offer more resources to poorer nations. Debt, and why governments need to reduce it, will top the agenda ...World - The Guardian - October 20 -
Israel Expands Lebanon Campaign With Strikes on Banks It Links to Hezbollah
Its air force hit branches of Al-Qard Al-Hassan, a U.S.-sanctioned bank that the Israeli military says is central to Hezbollah’s economic functioning.World - The Wall Street Journal - October 20 -
Reeves banks on big Budget wheeze to reconcile Labour’s pledges
Continuing Tory ‘stealth’ freeze on thresholds pulls many middle earners into higher rate, but carries risksWorld - Financial Times - October 21 -
Israel strikes banks across Lebanon to hit Hezbollah's finances
ZOUK MOSBEH, Lebanon — The Israeli military hit bank branches across Lebanon overnight to target Hezbollah’s finances, expanding its offensive in an assault that sparked panic as the U.S. launched ...Top stories - NBC News - October 21 -
Israeli airstrikes on Lebanon hit branches of Hezbollah-linked bank
Strikes targeted Al-Qard Al-Hassan buildings in Beirut’s southern suburbs, south Lebanon and the Bekaa valley. Middle East crisis – live updates Israel carried out a series of airstrikes on ...World - The Guardian - October 21 -
Israel Targets Hezbollah's Political Base With Strikes on Lebanese Bank
After eliminating senior military leaders and weapons, Israel is hitting the group’s finances and role in serving Shiites.World - The Wall Street Journal - October 21 -
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HSBC splits bank between East and West in major overhaul
Pam Kaur is the first woman in the banking giant's 159-year history to become its chief financial officer.Top stories - BBC News - October 22 -
HSBC to split U.K. and Hong Kong banking arms into two separate units
HSBC’s overhaul will see the bank split into four separate units under the control of two distinct Eastern and Western markets divisions, new CEO Georges Elhedery saidBusiness - MarketWatch - October 22 -
'Penguin Bandit' who robbed multiple banks sentenced to 13 years in prison
A man whom authorities named the “Penguin Bandit” was sentenced to more than 13 years in federal prison last week for robbing multiple banks in the Denver area.Top stories - NBC News - October 22 -
How a Palestinian and an Israeli united to document West Bank demolitions
Basel Adra and Yuval Abraham discuss filming the brutal displacement of villagers by Israeli forces in ‘No Other Land’World - Financial Times - October 23 -
Lloyds Banking Beats Views as U.K. Borrowers Remain Resilient
The U.K.’s largest mortgage provider confirmed its full-year guidance after pretax profit fell by less than expected on lighter impairments for bad loans as British borrowers remained resilient ...Business - The Wall Street Journal - October 23 -
German court rules against Deutsche Bank in Postbank acquisition lawsuit
Deutsche Bank said it will now analyze the judgement and noted it has booked provisions covering all outstanding claims by the plaintiffs, including interest accrued to date.Business - CNBC - October 23 -
Erosion take toll on North Carolina's vulnerable Outer Banks
Rising sea levels and more intense storms driven by climate change are making it difficult for the residents who live on North Carolina's Outer Banks, a series of barrier islands. In the last four ...Top stories - CBS News - October 23 -
Trump takes lead over Harris on US economy in final FT poll
FT-Michigan Ross survey shows most Americans think they will be better off if Republican winsBusiness - Financial Times - October 24