Failed Banks Held Accountable
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Deutsche Bank raises S&P 500 price target to 5,500
Equity analysts at Deutsche Bank have raised their 2024 S&P 500 target to 5,500, joining a host of other Wall Street strategists who have expressed greater optimism as stocks have come roaring back from last month’s selloff.MarketWatch - Business -
Bank Regulator Overseeing ‘Toxic’ Culture Loses Key Supporter in Senate
Senator Sherrod Brown, the chair of the Senate Banking Committee, called for President Biden to replace Martin Gruenberg as leader of the F.D.I.C.The New York Times - Business -
California bill that aimed to combat tween skin care overuse fails to move forward
A bill in California that aimed to ban the sale of anti-aging skin products to kids under 13 failed to advance in the state Assembly Thursday after being brought forward at an Appropriations Committee meeting.NBC News - Top stories - California -
California bill that would have banned selling anti-aging skin products to young kids fails to advance
A bill in California that sought to ban the sale of anti-aging skin products to young kids failed to advance through the California State Assembly on Thursday. The bill, introduced by Assemblymember Alex Lee, prohibited kids under 13 from buying ...The Hill - Politics - California -
Israeli minister vows to quit war cabinet if PM fails to agree new Gaza plan
Benny Gantz’s threat to withdraw his opposition party from coalition calls into question future of government. The Israeli war cabinet minister Benny Gantz has threatened to resign if Benjamin Netanyahu fails to adopt an agreed plan for Gaza, ...The Guardian - World - Israel -
Suspect to remain behind bars after failed assassination attempt on Slovak prime minister
The man accused of attempting to assassinate Slovak Prime Minister Robert Fico has been ordered to remain behind bars, officials said. The Specialized Criminal Court in Slovakia ordered the suspect to be detained after prosecutors said they were ...The Hill - Politics -
The NBA Loser Lineup: Nuggets' chase for repeat fails — should Nikola Jokić repeat as No. 1 fantasy pick?
Basketball analyst Dan Titus breaks down what the teams and stars who were booted from the NBA Playoffs must do to remain in good fantasy standing next season.Yahoo Sports - Sports - NBA -
Kosovo prepares a new draft law on renting prison cells to Denmark after the first proposal failed
An official in Kosovo says the Cabinet has renewed efforts with a new draft law on renting a prison in the south of the country to Denmark to help it cope with its overpopulated prison systemABC News - World -
North Korea test-fires a ballistic missile a day after US, South Korea held jet drill
North Korea has fired suspected short-range ballistic missiles off its east coast a day after South Korea and the U.S. flew powerful fighter jets in a drill that the North views as a major security threatABC News - Top stories - North Korea -
WNBA rookie tracker: Caitlin Clark held to 9 points as Fever fall to 0-2
We're tracking every game for one of the most anticipated rookie classes in WNBA history.ESPN - Sports - WNBA -
New York Community Bank COO Julie-Ann Signorille-Browne is stepping down
Browne’s departure follows a slate of recent executive exits at NYCB.MarketWatch - Business - New York -
Bank of America forecasts an upturn after the worst performance for 30-year bonds in over 100 years
The total return on 30-year bonds has declined by 45% since April 2020, the worst four-year loss in over 100 years, according to strategists at Bank of America.MarketWatch - Business -
Russian court seizes assets worth €700mn from UniCredit, Deutsche Bank and Commerzbank
Move against western lenders follows dispute with a subsidiary of GazpromFinancial Times - Business - Russia -
Card payments remain a ‘challenge’ for legal cannabis as major banks avoid the sector. Changing classification won’t help.
Standard credit card transactions remain elusive but more financial services firms are moving into the space.MarketWatch - Business -
Russian court seizes assets worth over $700 mln from UniCredit, Deutsche Bank and Commerzbank
A St Petersburg court has seized over €700 mln ($773 mln) worth of assets belonging to three western banks — UniCredit, Deutsche Bank and Commerzbank — according to court documents.MarketWatch - Business - Russia -
Islamic Jihad leader killed in West Bank and 70 targets hit in Gaza, says Israel
IDF says ‘senior terrorist operative’ Islam Khamayseh was killed in strike on the city of Jenin. Israel says its jets have struck 70 targets across Gaza in the past 24 hours, while an airstrike in Jenin killed a “significant” Islamic Jihad figure ...The Guardian - World - Israel -
‘Only Hamas can defend us’: Israeli raids and Fatah failures boost support in West Bank
Settler attacks and arrests of Hamas supporters create climate of fear and distrust in ruling Fatah party. Shuffling around his family home in the hills around Ramallah, Khalil was nervous after his release from prison the day before. His mother ...The Guardian - World - Israel -
Senate Banking chief calls on Biden to replace FDIC chair after sexual harassment probe
Senate Banking Committee Chair Sherrod Brown (D-Ohio) called on President Biden on Monday to replace the chair of the Federal Deposit Insurance Corporation (FDIC) in the wake of reports of a toxic workplace environment at the agency. Brown is the ...The Hill - Politics - Joe Biden -
FDIC Chair Martin Gruenberg to resign after damning workplace harassment probe
A recent report detailing a toxic culture at the FDIC described Chairman Martin Gruenberg as having a "temper" and a "short fuse."CNBC - Business -
Kosovo shuts 6 Serb bank branches over use of the dinar currency in a move that could raise tensions
Kosovo police have closed six branches of a Serbia-licensed bank in line with the decision on the ban of the use of the Serbian dinar currency in the countryABC News - World -
Efforts by JPMorgan's Jamie Dimon and other big-bank chief executives to resist Fed proposals that the lenders hold more capital appear to be paying off.
Efforts by JPMorgan’s Jamie Dimon and other big-bank chief executives to resist Fed proposals that the lenders hold more capital appear to be paying off.The Wall Street Journal - World