Investability Gap Banks

US central bank boss says Trump can't fire him

The US central bank cuts interest rates, as its chairman vows to stay on the job.

Climate breakdown will hit global growth by a third, say central banks

New modelling finds risk to global economies much worse than previously thought, but group of central banks says even this may be an underestimate. The physical shocks caused by climate breakdown ...

World - The Guardian - November 8

Bank of America upgraded to buy ahead of Trump’s return to the White House

Citi analyst Keith Horowitz expects differences in bank-stock metrics to flatten as the sector benefits from lower taxes and lighter regulation under the second Trump administration.

Business - MarketWatch - November 8

Deutsche’s private bank fires over 100 bankers in cost-cutting drive

Frankfurt-headquartered lender has imposed demanding targets on underperforming unit

Business - Financial Times - November 11

Are banks open on Veterans Day? Here's what's open and closed.

Some businesses and services may be closed on Veterans Day, a holiday to commemorate Americans who served in the military.

Rallying bank stocks have further room to run, analyst says

Hovde’s Feddie Strickland sees additional gains despite rally ‘if history serves as a guide.

Business - MarketWatch - November 11

Banks may face uncertainties after election euphoria fades: analyst

Moody’s banking strategist Chris Stanley sees potential headwinds along with positive trends for banks in a new Trump administration.

Business - MarketWatch - November 11

Financing the Fight Against Global Warming Falls to Multilateral Banks

These financial institutions are complex, and vital to funding efforts to slow climate change. Here’s how they work.

Business - Inc. - November 11

Metro Bank fined £17mn for anti-money laundering control failings

UK lender failed to ensure automated system was correctly checking customer transactions

Business - Financial Times - 6 days ago

The inspiring scientists who saved the world’s first seed bank

During the siege of Leningrad, botanists in charge of an irreplaceable seed collection had to protect it from fire, rodents – and hunger. Somewhere in the sky above, the mosquito drone of a plane’s ...

World - The Guardian - 6 days ago

Far-right Israeli minister’s call to annex West Bank sparks outrage

Diplomats including EU’s Josep Borrell say move would breach international law and threaten regional stability

Business - Financial Times - 6 days ago

Lloyds Bank to stop recognising senior employees union membership

High street lender introducing ‘people forums’ to discuss issues including job cuts, pay and policies

World - Financial Times - 5 days ago

Free agent superstar Juan Soto is about to break the bank — and baseball

The New York Yankees slugger is expected to sign a deal north of $600 million that will come close to the real-dollar value of Shohei Ohtani's $700 million pact.

Trump's Win Spurs New Push for West Bank Annexation in Israel

The idea is seen as illegal by most of the international community and could threaten Israel’s relations with its Arab allies.

World - The Wall Street Journal - 5 days ago

Banks are reporting a tenfold surge in digital scams, cybersecurity firm BioCatch says

Banks are under pressure to kick criminals off their platforms and compensate more victims as regulators and lawmakers focus on the harm done by digital scams.

Business - CNBC - 5 days ago

Britain's car finance industry is in crisis – with banks bracing for billions in payouts

The crisis has prompted comparisons to Britain's PPI scandal, which was estimated to have cost banks more than £50 billion ($63.8 billion).

Business - CNBC - 4 days ago

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