Deutsche Bank Shares Slide 11
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Amgen stock soars on weight loss injection progress as Novo Nordisk, Eli Lilly shares slide
Amgen's update fueled concerns about potential new competition in the weight loss drug market, sending shares of Novo Nordisk and Eli Lilly lower.CNBC - Business -
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 -
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 -
U.S. stocks rally on ‘Goldilocks’ jobs report as Wall Street’s fear gauge slides
U.S. stocks have swung to an upbeat start in May, with Wall Street’s “fear gauge” easing to its lowest level since the end of March as investor anxieties tied to inflation appeared to subside.MarketWatch - Business -
A Lawyer's Slide Into Psychosis Was Captured in a WSJ Profile. He Tells Us His Story.
Rob Dart has spent a year on the streets believing people are trying to control him via hypnosis.The Wall Street Journal - World -
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 -
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 -
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 -
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 -
3 big takeaways from Day 11 of Trump's hush money trial
Former top Trump aide Hope Hicks broke down on the stand during her testimony on Day 11 of Donald Trump's hush money trial in New York.ABC News - Top stories - Donald Trump -
16-year-old youngest to make Tour cut in 11 years
Kris Kim, a 16-year-old English amateur playing on a sponsor exemption at the CJ Cup Byron Nelson, became the youngest player in 11 years to make the cut in a PGA Tour event.ESPN - Sports -
178 people rescued amid Texas flood watch: 'We're not out of the woods yet'
A flood watch remains in effect for more than 11 million people in Texas and Oklahoma on Saturday morning as a number of flood warnings are in effect.ABC News - Top stories -
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 -
Interest rate cut bets rise as US job creation slows; FTSE 100 at record high – business live
Rolling coverage of the latest economic and financial news, as latest US non-farm payroll shows weakening job creation. Newsflash: The UK’s services sector has posted the fastest business activity growth in almost a year, reinforcing hopes that ...The Guardian - World -
2024 PGA Championship odds, field: Surprising PGA picks from top golf model that won 11 majors
SportsLine's proven model simulated the PGA Championship 2024 10,000 times and revealed its PGA golf picks for Valhalla Golf ClubCBS Sports - Sports - Golf -
Tears on the stand and Trump's hands in everything: Here's what you missed on Day 11 of Trump's hush money trial
In bombshell testimony Friday, Hope Hicks relayed cascading concerns inside Donald Trump’s 2016 presidential campaign as a lewd tape and allegations that he had had affairs with a Playboy model and a porn star emerged in the waning days of the ...NBC News - Top stories - Donald Trump -
Twins stretch win streak to 11 with 5-2 victory over Red Sox behind Paddack's 6 innings
Chris Paddack pitched six scoreless innings to carry the Minnesota Twins to their 11th consecutive victory with a 5-2 decision over the Boston Red SoxABC News - Sports - MLB -
Kris Kim, 16, becomes youngest golfer to make PGA Tour cut in 11 years
Kim makes crucial birdie at last in CJ Cup Byron NelsonEnglish teenager is son of former LGPA player Ji-Hyuh SuhEnglish teenager Kris Kim became the youngest player to make the cut on the PGA Tour in 11 years after a birdie at the last saw him get ...The Guardian - World - Golf