Latest in Street Banks Prepare
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UK banks clash with Bank of England over rules on loss-absorbing debt
Lenders warn rules will harm City’s competitiveness and impose ‘significant costs’ on the sectorFinancial Times - 52m -
Wall Street Banks Set to Sell $3 Billion in X Loans, Sources Say
The sale will reportedly take place next week.Inc. - 1d -
Wall Street Banks Prepare to Sell Billions of Dollars of X Loans
Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar.The Wall Street Journal - 2d -
SEC revokes unpopular banking rule that blocked Wall Street banks from adopting crypto
SEC rescinds controversial rule in latest pro-crypto measure taken by new Trump administration.CNBC - 2d -
US securities regulator opens door for Wall Street banks to hold crypto
Securities and Exchange Commission overturns guidance that made it costly to hold digital assets for clientsFinancial Times - 2d -
Trump bashes bank CEOs at Davos: 'Open your bank to conservatives'
President Trump on Wednesday accused two major U.S. banks of discriminating against conservatives during a live event with the CEO of one of those firms. In virtual remarks before a group of ...The Hill - 3d -
Europe must be prepared for Trump tariffs, European Central Bank chief warns
European Central Bank President Christine Lagarde spoke to CNBC at the World Economic Forum in Davos.CNBC - 4d -
At Davos, Banks Describe Trump ‘War Rooms’ to Prepare for Upheavals
The president’s freewheeling, off-the-cuff proclivities will likely have big effects on markets, and top bankers are getting ready for potential volatility.Inc. - 5d -
‘It was pure accident’: how Chase UK’s boss went from communist Poland to Wall Street banking … via linguistics
Having left the library behind, the once budding academic talks about building JP Morgan’s UK digital lender from scratch. It all started in spring 2019, in a secret office on the seventh floor of ...The Guardian - 5d -
Santander considers UK exit amid frustrations with high street banking
Spanish group reviewing its presence in the country as returns lag other marketsFinancial Times - Jan. 18 -
Security preparations underway for Trump inauguration ceremony
Security preparations are underway for President-elect Trump’s inauguration ceremony. NBC’s Kelly O’Donnell shares an exclusive look at what the Secret Service and other federal law enforcement ...NBC News - Jan. 18 -
Israel prepares for hostages' return with scant knowledge of their condition
A team of doctors in Israel is preparing for the return of the hostages from Gaza with the expectation that many are likely to have severe, life-threatening complications from spending more than a ...ABC News - Jan. 17 -
What an indoor Trump inauguration means for preparation efforts
The second inauguration of Donald Trump will be held indoors Monday in anticipation of frigid weather. CBS News chief White House correspondent Nancy Cordes reports on reactions to the decision ...CBS News - Jan. 17 -
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Instagram and YouTube Prepare to Benefit From a TikTok Ban
Meta’s Instagram and Google’s YouTube are getting ready to welcome TikTok users, as the Supreme Court upheld a law that effectively bans the Chinese-owned app from the United States.The New York Times - Jan. 17 -
Instagram and YouTube Prepare to Benefit if TikTok Is Banned
Meta’s Instagram and Google’s YouTube are getting ready behind the scenes to welcome TikTok users, should the Chinese-owned app be banned from the United States.The New York Times - Jan. 17 -
The Tech Industry Is Preparing for Trump 2.0 by Not Preparing
Big tech helped Trump win the election, but will small-medium tech reap the benefits?Inc. - Jan. 16 -
Wall Street banks had a great quarter, and the boom times are just starting
JPMorgan Chase, Goldman Sachs and Morgan Stanley easily topped estimates for the fourth quarter.CNBC - Jan. 16 -
TikTok Prepares for U.S. Shutdown From Sunday
Unless the nation’s highest court grants a reprieve, the popular social video platform will wind down on Jan. 19.Inc. - Jan. 15 -
How to prepare your family for an emergency
As wildfires continue to burn in Southern California, the disaster has people thinking about their own emergency preparedness, whether it's a fire, hurricane or tornado. CBS News' Ash-har Quraishi ...CBS News - Jan. 13 -
Big US banks set for $31bn quarterly profit as Wall Street business booms
Trading activity boosted in final quarter of 2024 by Donald Trump’s election winFinancial Times - Jan. 13 -
Can Bourbon Street be Made Safe?
With the Super Bowl coming, authorities worry about Bourbon Street’s safety.Inc. - Jan. 11 -
Wall Street gets off to a bumpy start to 2025. How investors can prepare for more volatility ahead.
A sharp selloff in the world’s largest bond market sent shockwaves through the U.S. financial markets this week, leaving investors to ponder if that choppiness will persist throughout the new year.MarketWatch - Jan. 10 -
Texas prepares for severe winter storm
As Texas prepares for severe winter weather, Gov. Greg Abbott expressed confidence in the state's power grid.ABC News - Jan. 8 -
We Are Not Prepared for Fires Like This
A decade ago, this kind of disaster seemed unthinkably rare.The New York Times - Jan. 8 -
Bank of England to relax rules for banks and insurers
PRA’s Sam Woods says burden can be eased without ‘race to the bottom’ on financial regulationFinancial Times - Jan. 8 -
Lebanon prepares for presidential vote in test of Hizbollah’s power
Parliamentary election follows two years of political deadlock blamed on militant group now weakened by war with IsraelFinancial Times - Jan. 8 -
Senate Republicans prepare blitzkrieg on Biden regulations
Senate Republicans, waiting for their House counterparts to figure out their strategy on border security and tax reform, are planning to use the Congressional Review Act to wage a lightning war on ...The Hill - Jan. 8 -
D.C. prepares to receive Jimmy Carter's casket
The nation's capital is preparing to honor former President Jimmy Carter as his casket travels from Georgia. CBS News senior White House and political correspondent Ed O'Keefe reports.CBS News - Jan. 7 -
Wall Street notches another win as Fed's Barr clears the way for gentler banking regulator
With Barr's resignation, a more precise image of incoming bank deregulation is forming.CNBC - Jan. 7 -
Southern California prepares for "life-threatening" windstorm
Several weather warnings will go into effect Tuesday for a "life-threatening" windstorm in Southern California.CBS News - Jan. 7 -
Educators Prepare for ICE Agents at the Schoolhouse Door
Across the country, educators described widespread anxiety about President-elect Donald J. Trump’s promises to deport immigrants and what it could mean for their students.The New York Times - Jan. 7 -
Exodus by Wall Street Banks From Climate Group Worries Advocates
The end of the year saw five of the six largest U.S. banks leave the Net-Zero Banking Alliance, as conservative pressures discouraged their climate change policies.Inc. - Jan. 6 -
Iran doubles military drills as it prepares for Trump
Islamic republic seeks to project strength in winter exercises following repeated strategic blows in Middle EastFinancial Times - Jan. 6 -
Investment banks prepare for crunch year in 2025
Boutiques counting on M&A rebound to support elevated valuations and star hiresFinancial Times - Jan. 6 -
Joe Biden prepares to bow out
Plus, UK retail earnings, South Korea’s Yoon summoned to parliamentary hearing and Venezuela’s Maduro sworn inFinancial Times - Jan. 5 -
A Weakened Iran Prepares to Face Trump 2.0
Tehran is bracing for a tough confrontation with the incoming Trump administration while holding a weak hand after setbacks in 2024.The Wall Street Journal - Jan. 5 -
FirstFT: China’s central bank prepares for historic monetary policy shift
Also in today’s newsletter, cold winter snap stokes US heating prices and a shake-up at the top of MetaFinancial Times - Jan. 3 -
Irish mourn attack while preparing to face UGA
Notre Dame coach Marcus Freeman said his team is processing the attack that killed 15 people while still preparing to win a critical game.ESPN - Jan. 2 -
Gold set to rally further this year, say Wall Street banks
Yellow metal expected to continue to benefit from buying by global central banksFinancial Times - Jan. 2