Latest in Drops Lawsuit Banks
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Lloyds Bank overstated interest-bearing deposits to BoE by £44bn
Error fed into data set used by watchdog in review of UK’s cash savings marketFinancial Times - Feb. 27 -
Wall Street analysts downgraded this portfolio bank stock. It's a good time to get in
KBW slashed Goldman's rating to market perform, citing the stock's elevated valuation.CNBC - 6d -
West Bank Operation Tests Palestinian Leaders’ Ability to Root Out Militants
The Palestinian Authority wants to prove it can handle security in Gaza, even if it means working in parallel with a destructive Israeli campaign that has displaced tens of thousands.The New York Times - 5d -
Lloyds Bank says app issues fixed after payday IT issue
Technical issues have affected UK banking app users on payday for the second-month running in 2025.BBC News - 5d -
This fund manager sees tailwinds for banks despite unexpectedly slow start to the year
Cheryl Pate of Angel Oak Capital Advisors remains optimistic but says more favorable conditions for banks may take longer to materializeMarketWatch - 5d -
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South Africa’s central bank governor sounds alarm on ‘rightwing populism’
Lesetja Kganyago warns institutions are increasingly a target as the principle of independence comes under attackFinancial Times - 4d -
Deutsche Bank clashed with ECB over bad loan losses
Top regulator was concerned about German lender’s credit risk managementFinancial Times - 3d -
This Bank’s Board Is 78 Percent Female—but Don’t Credit DEI
Piermont Bank CEO Wendy Cai-Lee says she just wanted to find the best directors—and ended up with seven women.Inc. - 2d -
Inflation eases to 2.4% in Europe, supporting likely central bank rate cut
Inflation in Europe eased to 2.4% in February, supporting the case for another interest rate cut from the European Central Bank but leaving open how far the central bank will go in lowering ...ABC News - 2d -
HSBC to replace UK bank chief in latest reshuffle of senior ranks
Ian Stuart, head of the unit since 2017, has been made group customer and culture directorFinancial Times - 1d -
BaFin fines Deutsche Bank €23mn for string of regulatory lapses
German financial watchdog metes out second highest fine in its historyFinancial Times - 1d -
Bank stocks are down big on Trump tariffs. It’s time to get into one of them
Shares of American banks sank as President Donald Trump's tariffs went into effect on key trade partners.CNBC - 1d -
Israel Says It Killed Local Hamas Commander in West Bank
The raid took place as Israel’s military said it had expanded its operation to crack down on militants in the city of Jenin.The New York Times - 1d -
Corporate bank bond-buyers wade in, even as stocks get clobbered
Capital flows into Bank of America’s debt after investors moved away in recent days, as equity prices swoon.MarketWatch - 1d -
Trump Says US Banks Can’t Do Business in Canada. It’s Not That Simple.
President Trump has complained that American banks are restricted from operating in Canada. They can, but are hamstrung.The New York Times - 13h -
Class UK defence investments as ethical, Labour MPs urge banks
Letter to lenders and fund managers seeks to sweep away elements of ESG rules that hamper arms companiesFinancial Times - 4h -
Month's worth of bank IT failures in the last two years, figures show
The MPs have also discovered millions of pounds of compensation will be paid out because of the spate of outages.BBC News - 55m -
'He can't believe it!' - Rohit drop denies Axar hat-trick
Watch as India's Axar Patel is denied a hat-trick as captain Rohit Sharma drops the ball at slip in their opening game against Bangladesh in the Champions Trophy.BBC News - Feb. 20 -
Palantir drops for a second day as cult stock loses momentum
Wednesday's decline came as investors keyed in on the CEO's new stock sale plan and the possibility of defense cuts.CNBC - Feb. 20 -
Walmart shares drop as retailer says profit growth will slow
Walmart has factors that could work in its favor, including a growing online business and market share gains from higher-income shoppers.CNBC - Feb. 20 -
Justice Dept. to Drop Discrimination Case Against Elon Musk’s SpaceX
The Justice Department had sued SpaceX in 2023, accusing the company of violating federal law by refusing to hire refugees and people granted asylum in the United States.The New York Times - Feb. 21 -
Women: Notre Dame moves to No. 1, UCLA drops down
UCLA dropped in the rankings this week after its lone loss to USC, while Notre Dame takes the No. 1 spot.ESPN - Feb. 21 -
New York Yankees drop beard ban after 49 years
The New York Yankees are changing their facial hair policy. Going forward, players and coaches are allowed to have "well-groomed beards."CBS News - Feb. 21 -
Home sales drop sharply as prices hit an all-time high for January
The median price of a home sold in January was $396,900, up 4.8% from the year before and the highest price ever for the month of January.CNBC - Feb. 21 -
Eric Adams's trial adjourned indefinitely as judge weighs dropping charges
The federal judge overseeing New York City Mayor Eric Adams’s (D) criminal case indefinitely delayed his April trial as he considers a controversial effort by President Trump’s Justice Department ...The Hill - Feb. 21 -
Walmart’s stock continues to drop despite ‘near-term buying opportunity’
Walmart Inc.’s stock deepened its losses on Friday after a brutal selloff in the previous session, as investors brushed aside positive comments from analysts.MarketWatch - Feb. 21 -
Justice department drops discrimination case against Elon Musk’s SpaceX
Case brought during Biden presidency accused space company of refusing, unlawfully, to hire certain immigrants. The US Department of Justice on Thursday said it would drop a case accusing Elon ...The Guardian - Feb. 21 -
Judge in Eric Adams Case Names Lawyer to Argue Against Dropping of Charges
Judge Dale E. Ho said that with Eric Adams’s lawyer and federal prosecutors agreeing to end the case, he needed to hear independent arguments.The New York Times - Feb. 21 -
Needle drop! The world’s first sewing machine orchestra takes Munich
This weekend, a symphony of Singers (not that kind) will lead an experimental performance that stitches together feminism and fashion – and offers the audience free repairs. Stepping into the ...The Guardian - Feb. 22 -
Wall Street sees major drop amid concerns over slowing economy
Wall Street saw a dramatic drop on Friday with the Dow Jones plunging nearly 750 points, and the S&P 500 and Nasdaq falling sharply amid fears of a slowing economy and stubborn inflation. CNBC’s ...NBC News - Feb. 22 -
UK pop stars drop out of global bestseller charts
British acts miss out on the worldwide annual music charts for the first time in two decades.BBC News - Feb. 23 -
Border crossings drop as Trump weighs reviving Title 42 policy
President Trump is crediting his sweeping crackdown on immigration for a continued drop in illegal crossings at the U.S.-Mexico border. CBS News immigration and politics reporter Camilo ...CBS News - Feb. 24 -
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Bitcoin drops to a 3-month low below $90,000 in risk-off move
Bitcoin fell through the $90,000 level overnight, weakened by sell pressure in equities as the crypto market awaits its next market catalyst.CNBC - Feb. 25 -
Border officials credit drop in illegal migrant crossings to Trump administration
U.S. Customs and Border Protection is crediting the Trump administration's immigration policies for the drop it's seeing in border apprehensions. CBS News immigration and politics reporter Camilo ...CBS News - Feb. 25 -
Tesla shares falling as European sales drop. Is Musk to blame?
Tesla's shares dropped by more than 9% as sales in at least five European countries disappoint. CBS News' Ramy Inocencio reports on the potential correlation to Elon Musk.CBS News - Feb. 26 -
Premier League as it happened: Haaland back on scoresheet, Arsenal drop points again
Four Premier League games kick off on Wednesday that have implications for the title race, the top four and beyond. Follow all the action live with ESPN.ESPN - Feb. 26 -
Instacart suffers steepest drop on record after disappointing revenue, lackluster forecast
Instacart shares plummeted 12%, their worst day on record, after missing on revenue and issuing lackluster guidance.CNBC - Feb. 26 -
Pending home sales drop to the lowest level on record in January
Home prices nationally are still higher than they were a year ago.CNBC - 6d
