Latest in Davos Open Bank
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As WEF gets underway, the list of world leaders not attending Davos speaks volumes
It's that time of year when the great and good gather for the annual World Economic Forum in Davos, Switzerland. But who's skipping the event is more telling.CNBC - 4d -
Billionaires' wealth skyrocketing, anti-poverty group says ahead of Davos
Billionaires' wealth soared in 2024, a top anti-poverty group said ahead of an annual gathering in Davos, Switzerland of some of the world's political and financial elite.CBS News - 4d -
Davos agenda turns to dealmaking and growth as Trump takes office
US financiers look to revival of ‘animal spirits’ despite concerns over threat of trade tariffsFinancial Times - 4d -
Anti-poverty group says billionaires' wealth soared in 2024 as the elites prepare for another Davos
Billionaire's wealth has grown faster last year, and now the world can expect at least 5 trillionaires within a decade, even as the number of people in poverty has barely budged since 1990ABC News - 4d -
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Palestinians in West Bank wait anxiously for prisoners to be released
Ninety Palestinians should be freed from Israeli jails in exchange for three Israeli hostages released by Hamas in Gaza.BBC News - 4d -
Davos is appealing for ‘collaboration in the intelligent age’. Good luck with that
The annual gathering of the globally minded is looking forlorn in the light of Trump 2.0 and trade rows. This year’s week-long gabfest in the Alpine resort of Davos, which kicks off on Monday, will ...The Guardian - 5d -
A Vibe Shift at Davos
For years, C.E.O.s have used the annual gathering at the World Economic Forum to emphasize commitments to D.E.I., E.S.G. and globalization. Now the politics have changed.The New York Times - 6d -
World Economic Forum: Behind the Scenes at Davos
Planning and managing the World Economic Forum’s annual meeting is a huge task, and the work for next year’s event will begin as soon as this one ends.The New York Times - 6d -
World Economic Forum: Will Trump and Davos Herald a New World Disorder
Among the issues likely to be explored at the World Economic Forum this week is the future of Ukraine and its impact on Europe.The New York Times - 6d -
World Economic Forum: Davos Braces for Political Drama as the World Warms
A new U.S. president’s promise to expand fossil fuels that is at odds with global ambitions to combat climate change will be a topic of discussion at the World Economic Forum.The New York Times - 6d -
On the Banks of the Nile in Uganda, a Major League Dream Begins
The East African nation might seem like a surprising place for baseball talent to blossom. But for Armstrong Muhoozi, it’s just the start of his journey.The New York Times - Jan. 16 -
Bank of America tops estimates on better-than-expected investment banking, interest income
The company said fourth-quarter profit more than doubled to $6.67 billion, or 82 cents per share, from a year earlier.CNBC - Jan. 16 -
At Davos, Trump will face a less friendly brand of billionaire – but their dominance is waning | Larry Elliott
These high priests of globalisation are facing the fact that Trump’s tariffs are part of a global shift to protectionism. Hollywood would struggle to come up with a better plot. On Monday, as ...The Guardian - Jan. 16 -
Everything to Know About Big Banks Earnings
Goldman Sachs, JPMorgan, Wells Fargo and other firms are expected to report strong earnings.Inc. - Jan. 15 -
These two bank stocks stand out for improvement in 2025
Bank stocks had a wonderful 2024. A lighter regulatory burden and better interest-rate environment might set up another year of gains.MarketWatch - Jan. 14 -
Fintech IPOs return with precious little credit in the bank
Hope still wins out over experience as financial disrupters seek to ride the latest waveFinancial Times - Jan. 11 -
Lloyds, Halifax and Bank of Scotland to share branches
The move is intended to make it easier for people to access banking services, but some warn it will lead to more branch closures.BBC News - Jan. 9 -
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Bank of England to relax rules for banks and insurers
PRA’s Sam Woods says burden can be eased without ‘race to the bottom’ on financial regulationFinancial Times - Jan. 8 -
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Why bank stocks care that Michael Barr is stepping down as top Fed banking cop
As vice chair of supervision, Barr was leading the effort to raise capital requirements for banks.MarketWatch - Jan. 6 -
West Bank Settlers Hope Trump Will Back Annexation Dreams
Settler leaders say they are confident that a Palestinian state is off the table, but their expectations are tempered by their experience of Donald Trump’s first term.The New York Times - Jan. 6 -
Citigroup’s stock is a banking-sector bargain as ‘inflection point’ looms, analyst suggests
Barclays analyst Jason Goldberg upgrades Citigroup to overweight from equal weight on bullish 2025 prospects.MarketWatch - Jan. 6 -
Three Israelis killed in West Bank shooting, army pursuing suspects
JERUSALEM — Three Israelis were killed on Monday and several injured in a shooting attack on a car and bus near the town of Kedumim in the Israeli-occupied West Bank, Israel’s national ambulance ...NBC News - Jan. 6 -
Israeli officials say 3 killed in attack on vehicles in occupied West Bank
Far-right Israeli official calls for destruction of Palestinian town in occupied West Bank after 3 killed, 7 wounded in shooting attack.CBS News - Jan. 6 -
Three killed in Palestinian shooting attack on bus in West Bank
Two women and a man are killed after gunmen open fire in al-Funduq, Israel's military and paramedics say.BBC News - Jan. 6 -
Shooting attack on a bus carrying Israelis in the occupied West Bank kills 3
A shooting attack on a bus carrying Israelis in the occupied West Bank has killed at least three peopleABC News - Jan. 6 -
Investment banks prepare for crunch year in 2025
Boutiques counting on M&A rebound to support elevated valuations and star hiresFinancial Times - Jan. 6 -
FirstFT: China’s central bank prepares for historic monetary policy shift
Also in today’s newsletter, cold winter snap stokes US heating prices and a shake-up at the top of MetaFinancial Times - Jan. 3 -
Help! Ryanair Won’t Send Flight Compensation to a U.S. Bank Account
After being grounded for 12 hours in Berlin, a mother and daughter were owed both compensation and a rebooked flight. All they got were nonsensical responses from customer service.The New York Times - Jan. 3 -
China’s central bank plans policy overhaul as pressure mounts on economy
People’s Bank of China will start to behave more like US Fed in using one main interest rate to steer demand for creditFinancial Times - Jan. 3 -
Why you should open a CD with an online bank this January
Most banks and credit unions offer CDs, but opening one with an online bank could make a lot of sense right now.CBS News - Jan. 2 -
Palestinian Authority Bans Al Jazeera in West Bank
The ban comes as the PA battles militants from Hamas and its allies for control over parts of the West Bank, a fight that could shape the struggle for leadership of the Palestinian cause.The Wall Street Journal - Jan. 2 -
Palestinian Authority suspends Al Jazeera TV channel in West Bank
The Foreign Press Association has said the move "raises serious questions about press freedom".BBC News - Jan. 2 -
The Palestinian Authority Takes on Hamas Militants in West Bank Power Struggle
Weeks of deadly fighting have marked the most serious clashes between Palestinian factions in years.The Wall Street Journal - Jan. 2 -
Gold set to rally further this year, say Wall Street banks
Yellow metal expected to continue to benefit from buying by global central banksFinancial Times - Jan. 2 -
Drone footage shows collapsed Cheshire canal bank triggering flood
The aqueduct collapsed and flooded surrounding field after heavy rainfall.BBC News - Jan. 1 -
Hawaiian Electric Agrees to Sell Bank Unit After Wildfire Settlement
The deal could help the company as it resolves a nearly $2 billion settlement related to the Maui wildfires.The Wall Street Journal - Dec. 31