Latest in U.k Banks
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Pentagon blacklisting of China’s EV battery maker puts US banks in bind
Involvement in Hong Kong secondary listing of CATL raises reputational risks for Wall Street groupsFinancial Times - Jan. 8 -
Shein's Lack of Answers on China Forced-Labor Concerns Angers U.K. Lawmakers
The bargain clothing site, which is seeking a London stock listing, declined to shed light on whether its clothing contains cotton from Xinjiang.The Wall Street Journal - Jan. 7 -
Bangladesh requests UK minister’s bank account details in corruption probe
UK City minister Tulip Siddiq under scrutiny for links to ousted regime of her aunt Sheikh HasinaFinancial Times - Jan. 7 -
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Bank of America’s stock could go up 20% in 2025, says this analyst
UBS’s Erika Najarian upgrades Bank of America to buy from neutralMarketWatch - Jan. 7 -
U.K. Competition Watchdog Prepares to Investigate Tech Giants Under New Rulebook
The regulator said it would open investigations into at least three types of tech platforms at the start of this year to work out which tech giants need to obey a new law governing the digital ...The Wall Street Journal - Jan. 7 -
U.K.'s anti-corruption minister refers herself to ethics watchdog over links to ousted Bangladeshi PM
A British Treasury minister has referred herself to the U.K. government’s ethics watchdog over links to ousted Bangladeshi PMNBC News - Jan. 7 -
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Samsung Electronics banking on AI to outpace global growth in smartphones, home appliances
Samsung Electronics plans to ramp up on-device AI, as it bets on the consumer electronics unit to exceed overall global market growth this year.CNBC - Jan. 7 -
'Drag Race' family mourns the Vivienne, a U.K. star who died at 32: 'A true champion'
'RuPaul's Drag Race U.K.' winner the Vivienne has died at 32, her publicist confirmed. Here's how other 'Drag Race' stars are remembering the Season 1 champ.Los Angeles Times - Jan. 6 -
Why bank stocks care that Michael Barr is stepping down as top Fed banking cop
As vice chair of supervision, Barr was leading the effort to raise capital requirements for banks.MarketWatch - Jan. 6 -
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 -
U.K. prime minister condemns "lies and misinformation" after attacks from Elon Musk
U.K. Prime Minister Keir Starmer is defending his record and several other European leaders are expressing concerns about Elon Musk's involvement in their domestic politics as Musk continues to ...CBS News - Jan. 6 -
West Bank Settlers Hope Trump Will Back Annexation Dreams
Settler leaders say they are confident that a Palestinian state is off the table, but their expectations are tempered by their experience of Donald Trump’s first term.The New York Times - Jan. 6 -
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The Vivienne, star of 'RuPaul's Drag Race U.K.,' dies at 32
British reality show "RuPaul’s Drag Race UK" winner James Lee Williams, aged 32, popularly known as The Vivienne, has died, publicist Simon Jones said on Sunday.NBC News - Jan. 6 -
U.K. Prime Minister Keir Starmer hits back at Elon Musk
Britain's Prime Minister Keir Starmer hit back at Elon Musk on Monday after the world's richest man repeatedly lobbed a host of inflammatory allegations at the country's leader over the past week.CBS News - Jan. 6 -
U.K.’s Starmer Slams ‘Lies and Misinformation’ After Elon Musk Attacks
Without naming Mr. Musk directly, Prime Minister Keir Starmer denounced the billionaire’s spreading of falsehoods about a child sex abuse scandal.The New York Times - Jan. 6 -
Citigroup’s stock is a banking-sector bargain as ‘inflection point’ looms, analyst suggests
Barclays analyst Jason Goldberg upgrades Citigroup to overweight from equal weight on bullish 2025 prospects.MarketWatch - Jan. 6 -
Elon Musk turns on Nigel Farage, calls him to step down as U.K. party leader
Elon Musk said Nigel Farage should quit as leader of Britain’s right-wing Reform UK party in an abrupt withdrawal of support by the U.S. billionaire.NBC News - Jan. 6 -
Three Israelis killed in West Bank shooting, army pursuing suspects
JERUSALEM — Three Israelis were killed on Monday and several injured in a shooting attack on a car and bus near the town of Kedumim in the Israeli-occupied West Bank, Israel’s national ambulance ...NBC News - Jan. 6 -
Israeli officials say 3 killed in attack on vehicles in occupied West Bank
Far-right Israeli official calls for destruction of Palestinian town in occupied West Bank after 3 killed, 7 wounded in shooting attack.CBS News - Jan. 6 -
Three killed in Palestinian shooting attack on bus in West Bank
Two women and a man are killed after gunmen open fire in al-Funduq, Israel's military and paramedics say.BBC News - Jan. 6 -
Shooting attack on a bus carrying Israelis in the occupied West Bank kills 3
A shooting attack on a bus carrying Israelis in the occupied West Bank has killed at least three peopleABC News - 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 -
In Reversal, Musk Trashes Farage, U.K.’s Anti-Immigrant Populist
Elon Musk, the billionaire backer of Donald J. Trump, had been promoting Nigel Farage. But on Sunday Mr. Musk said Mr. Farage “doesn’t have what it takes.”The New York Times - 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 -
Help! Ryanair Won’t Send Flight Compensation to a U.S. Bank Account
After being grounded for 12 hours in Berlin, a mother and daughter were owed both compensation and a rebooked flight. All they got were nonsensical responses from customer service.The New York Times - Jan. 3 -
China’s central bank plans policy overhaul as pressure mounts on economy
People’s Bank of China will start to behave more like US Fed in using one main interest rate to steer demand for creditFinancial Times - Jan. 3 -
Why you should open a CD with an online bank this January
Most banks and credit unions offer CDs, but opening one with an online bank could make a lot of sense right now.CBS News - Jan. 2 -
Palestinian Authority Bans Al Jazeera in West Bank
The ban comes as the PA battles militants from Hamas and its allies for control over parts of the West Bank, a fight that could shape the struggle for leadership of the Palestinian cause.The Wall Street Journal - Jan. 2 -
U.K.'s biggest dinosaur footprint site discovered: "So surreal"
It is hoped the discovery will provide clues about how dinosaurs interacted, as well as their size and the speeds at which they moved.CBS News - Jan. 2 -
Palestinian Authority suspends Al Jazeera TV channel in West Bank
The Foreign Press Association has said the move "raises serious questions about press freedom".BBC News - Jan. 2 -
The Palestinian Authority Takes on Hamas Militants in West Bank Power Struggle
Weeks of deadly fighting have marked the most serious clashes between Palestinian factions in years.The Wall Street Journal - 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 -
Drone footage shows collapsed Cheshire canal bank triggering flood
The aqueduct collapsed and flooded surrounding field after heavy rainfall.BBC News - Jan. 1 -
Hawaiian Electric Agrees to Sell Bank Unit After Wildfire Settlement
The deal could help the company as it resolves a nearly $2 billion settlement related to the Maui wildfires.The Wall Street Journal - Dec. 31