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Truist Bank Makes Hundreds of Millions in Loans Available for Helene Recovery in North Carolina
The Charlotte-based bank plans a three-year $650 million lending program for small businesses and municipalities in storm-ravaged western North Carolina.Business - Inc. - November 22 -
Ex-Barclays chief John Varley pulled back into fight to clear bank’s name
Financial Conduct Authority fined lender £50mn over 2008 emergency fundraisingWorld - Financial Times - 6 days ago -
Brat banking: Charli xcx takes the stage in Revolut’s push to cleanse its image
Two-day bash in London was part of ‘lifestyle brand’ push to snare younger customers. Thousands of bank customers braved the wind and rain of Storm Bert on Saturday night, forming queues that ...World - The Guardian - 5 days ago -
Dealmaker sees more urge to merge among smaller banks — yours may be among them
A relatively quiet period for bank mergers is expected to come to an end as the environment for dealmaking picks up steam in 2025.Business - MarketWatch - 4 days ago -
Wall Street banks back UK stocks to outshine Europe under Trump tariffs
Analysts point to lack of manufacturers that could be hit and high weighting in banks and oil stocksBusiness - Financial Times - 3 days ago -
China’s banking system is still suffering whiplash from its pandemic-era practices
Misuse of loans and an ongoing real-estate crisis are pushing up default rates and exposing weaknesses in banks’ lending practices.Business - MarketWatch - 3 days ago -
Scott Bessent Helped ‘Break’ the Bank of England. Now He’ll Run the U.S. Treasury.
Scott Bessent’s former colleagues and rivals see the prospective Treasury secretary as a thoughtful choice with a broad understanding of financial markets.Business - The New York Times - 3 days ago -
US economy ‘motoring along’ with 2.8% expansion in last quarter, but Trump’s trade tariffs ‘threaten economic growth’ – business live
Rolling coverage of the latest economic and financial news. Trump’s tariff threat sets stage for bitter global trade war . Trump’s tariffs will lead to higher prices in the shops, and ...World - The Guardian - 2 days ago -
Here’s why Wall Street’s previously most bearish bank now sees the S&P 500 hitting 6,500 in 2025
Rate-cutting central banks and more AI-related spending should support U.S. stocksBusiness - MarketWatch - 2 days ago -
Chinese yuan to hit record lows as U.S. tariff threat mounts, investment banks forecast
Major investment banks and research firms project offshore yuan to weaken to an average 7.51 per dollar through the end of 2025, the weakest level on record.Business - CNBC - Yesterday