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Citigroup slashes promotions as it seeks to overhaul bank
As few as 2,000 employees could receive pay and title bumps in the next month, down from about 8,000 in previous roundsBusiness - Financial Times - 3 days ago -
Senior UK bankers to receive bonuses faster under new rules
Bank of England proposes relaxation of restrictions dating from financial crisisBusiness - Financial Times - 3 days ago -
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Voters 'don't see' Ireland's healthy bank balance
Voters in the Republic of Ireland go to the polls on Friday for the country's general election.Top stories - BBC News - Yesterday -
Bank of Japan holds rates but signals normalisation still on track
Political uncertainty following election upset raises risks of abrupt policy shifts, warn analystsWorld - Financial Times - October 31 -
Switzerland is now flirting with deflation, causing a dilemma for its central bank
Switzerland could be at risk of slipping into deflationary territory next year as a stronger Swiss franc dogs policymakers' efforts to get a handle on prices.Business - CNBC - October 31 -
BNP Paribas Investment Bank Growth Offsets Retail Weakness
BNP Paribas reported a rise in third-quarter earnings that was in line with market expectations, as growth in its investment bank offset softness in its domestic retail business.Business - The Wall Street Journal - October 31 -
‘Not just a museum’: Kenya’s seed bank offers unexpected lifeline for farmers
Set up to conserve traditional seeds, the Genetic Resources Research Institute is now helping smallholders diversify with crops resilient to the rapid changes in climate. On a winding road in the ...World - The Guardian - October 31 -
Danske Bank Lifts Guidance After Net Profit Tops Hopes
The Copenhagen-based bank raised its full-year net profit forecast after reporting a market-beating figure for the third quarter.Business - The Wall Street Journal - October 31 -
Lebanon's detained former central bank governor faces new corruption charge
A Lebanese judge has charged the country’s detained former central bank governor with illicit enrichment and issued an arrest warrantWorld - ABC News - October 31 -
Central banks need escape route from cycle of boom and bust
We should debate excessive policy easing and the neglect of credit and debt developmentsWorld - Financial Times - November 1 -
Foreclosures in China Soar, Threatening to Choke Off Bank Profits
When the housing market was flying high, mortgage defaults were almost nonexistent. But now the legal system is struggling to keep up with evictions.Business - The New York Times - November 4 -
Bank stocks jump almost 12% as traders bet on less regulation in a Trump presidency
A handful of well-known bank names jumped as traders ready for a second Trump term.Business - CNBC - November 6 -
Bank stocks soar as Trump victory expected to lead to looser regulatory backdrop
Banks have been pushing all year to loosen capital requirements and are also expected to benefit from potential tax cuts.Business - MarketWatch - November 6 -
Banks and Tesla lead list of top-performing stocks following Trump’s victory
The S&P 500 financial sector rose 5% when trading opened on Wednesday.Business - MarketWatch - November 6 -
Tesla and US bank stocks jump in post-election trades as renewables slump
Companies whose fortunes are closely tied to US economy should benefit, say analystsWorld - Financial Times - November 6 -
Banks face growing risk as double defaults on commercial loans mount
A bank practice known as ‘extend and pretend’ has delayed a write-off reckoning but may hide a growing systemic riskWorld - Financial Times - November 7 -
Skincare review – Elizabeth Banks horror thriller is a thing of beauty
An LA salon-owner gets involved in an escalating feud with a rival facialist in this blackly comic thriller with a pleasing female focus. Following hot on the stiletto heels of female-led ...World - The Guardian - November 7 -
Bank of England Cuts Interest Rates, but Signals Stickier Inflation
The central bank said that future cuts would be gradual amid higher inflation forecasts after the new government introduced spending and tax increases in its budget.Top stories - The New York Times - November 7 -
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 unitBusiness - 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.Top stories - CBS News - 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