Failure Rocked European Banks
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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 -
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 -
Marine Le Pen grows wary of ‘crazy’ German far right
Trip to tropical island brings Rassemblement National to brink of break-up with Alternative for GermanyFinancial Times - World - Germany -
Conservative Ben Houchen holds on as mayor in key Tees Valley race
Result provides glimmer of hope for Rishi Sunak in otherwise grim local election resultsFinancial Times - World -
ICC chief prosecutor hits out at unnamed ‘threats’ against his work
Israeli officials had warned that the tribunal was considering issuing arrest warrants in relation to war in GazaFinancial Times - World -
US stocks rally as cooling labour market boosts rate cut hopes
Futures markets lean towards Fed acting in September after just 175,000 jobs were added in AprilFinancial Times - World -
Bruce Springsteen to start European leg in Cardiff
US rocker Bruce Springsteen returns to Europe for the latest leg of his marathon tour.BBC News - Top stories -
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 -
Israeli forces kill five people in raid near West Bank’s Tulkarm
Hamas confirms four of five people killed during raid in village of Deir al-Ghusun were from its armed wing. Middle East crisis – live updatesIsraeli forces killed five Palestinians in an overnight raid in a village near the city of Tulkarm in the ...The Guardian - World - Israel -
Title, relegation and European spots in the balance as Premier League heads for exciting finale
The Premier League season is down to its final two weeks and there’s still plenty at stake from top to bottomABC News - Sports -
Jürgen Klopp attacks TNT Sports over Premier League’s European struggles
Liverpool manager tears into broadcaster over fixture scheduleKlopp on Fifa: ‘I probably wouldn’t survive in that sea of sharks’Jürgen Klopp has rounded on TNT Sports and accused broadcasters in England of contributing to the failure of Premier ...The Guardian - World - Premier League -
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A candidate for Germany's key party was beaten up while campaigning for European elections
A candidate for Chancellor Olaf Scholz’s party in next month’s European elections was beaten up and seriously injured while campaigning in an eastern cityABC News - World -
European football: Real Madrid clinch La Liga title after Barcelona are beaten
Real Madrid defeat Cádiz 3-0 before Barça suffer decisive lossGuerreiro injured for Bayern Munich in defeat at StuttgartReal Madrid are champions of Spain for the 36th time after their 3-0 win over Cádiz was followed by a 4-2 defeat for Barcelona ...The Guardian - World - Soccer -
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 -
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 -
Klopp tears into TNT Sports; Clattenburg resigns from Forest role: football news –as it happened
News from all the Premier League press conferences as the outgoing Liverpool manager fired another broadside at the TV companies, among other stories. Nottingham Forest: Nuno Espirito Santo expects his side’s Premier League relegation battle to go ...The Guardian - World -
‘If I could be teleported to any beach, this would be it’: readers choose their favourite European beaches
Seaside idylls from Île de Ré to eastern Crete feature as our tipsters report that even popular destinations such as Menorca and Sicily have their quieter spots. Cala Galdana beach – and its neighbours – are spectacular. Turn off at Ferreries and ...The Guardian - World -
European coaching carousel: What's next for Liverpool and Bayern Munich after Xabi Alonso's decision
The 2023-24 season is coming to and end and some managers are on the moveCBS Sports - Sports -
European soccer review: Real Madrid clinch LaLiga, Stuttgart thump Bayern, Arsenal and Man City win
Real Madrid clinched their LaLiga title when Barcelona lost to Girona, Stuttgart thumped Bayern and the Premier League title hopefuls both won. Here's what you missed in European soccer this Saturday.ESPN - Sports - Premier League -
A boat tragedy that rocked a community
Nine men died when the boat Quiet Waters sank in 1954, leaving their families devastated.BBC News - Top stories -
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 -
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