Worst Banking Mess
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Bank Indonesia ‘ready for the worst’ in face of hawkish Fed and currency volatility
Senior monetary official says central bank prepared to do more after intervening to shore up rupiahFinancial Times - World -
A lorry and a goopy mess: it’s a Met Gala look – Edith Pritchett cartoon
Continue reading...The Guardian - World -
Letters to Sports: LeBron James and Darvin Ham in middle of Lakers mess
Readers of the L.A. Times sports section offer their opinions and advice regarding the Lakers' situation, the Clippers, Kings and AngelsYahoo Sports - Sports - NBA -
Norges Bank Holds Rates, Hints at Later Cut
Norway’s central bank held its key policy rate at 4.5% and reiterated that it was likely to stay at that level for some time, as high wage growth and a weak krone keep inflation elevated.The Wall Street Journal - World -
Bank holiday weather: Will it be warm or wet?
It's been warming up this week but could rain spoil your plans for the long weekend?BBC News - Top stories -
Disappearing migrants and street revolts. Sunak’s Rwanda round-up is just the mess we knew it would be | Gaby Hinsliff
The policy has always been a sordid theatre of cruelty, and it is unravelling in ways that were entirely predictable. Handcuffed and surrounded, faces pixelated for the video as if they were dangerous criminals, one by one they were bundled into ...The Guardian - World -
Pat Gelsinger was brought in to fix Intel. 3 years later, it still seems like a mess.
Turning around Intel Corp., the second-largest chip maker in the world, is taking a lot longer than many investors were counting on — but they need to be patient because the ongoing strategic changes may yet save the company.MarketWatch - Business -
'We messed up in first half' - Harlequins beaten by Toulouse in thrilling semi-final
Reaction after Antoine Dupont's Toulouse overcome Harlequins in a thrilling Champions Cup semi-final.BBC News - Top stories -
Biden's Worst Mistake of the Gaza War
He provided Egypt cover as it denied Palestinians their human right to flee the conflict as refugees.The Wall Street Journal - World - Joe Biden -
Danske Bank Outlook on Track as Demand Sustained
Danske Bank backed its full-year guidance after reporting in-line first-quarter earnings on good demand for its products, efficiency gains and strong credit quality.The Wall Street Journal - World -
Weaker-Than-Expected Payrolls Push Down Dollar
The dollar fell in a week when the Fed was perceived as not too hawkish—after Chair Powell kept a rate hike off the table— and payrolls surprised to the downside, for a change.The Wall Street Journal - World -
Cryptofinance: Stablecoins encroach on shadow banking system
Plus, CZ gets four months and outflows from bitcoin ETFsFinancial Times - World - Crypto -
Danske Bank Outlook on Track as Demand Sustained
Danske Bank backed its full-year guidance after reporting in-line first-quarter earnings on good demand for its products, efficiency gains and strong credit quality.The Wall Street Journal - Business -
How divided is the Bank of England’s policy committee?
Market Questions is the FT’s guide to the week aheadFinancial Times - World -
Agustín Carstens: ‘the Basel regime has been very good for the banks’
The BIS head on making global banking betterFinancial Times - World -
Texas Ban on 'Woke' Banks Opens Door for Smaller Firms
The political conflict over socially conscious finance has Wall Street heavyweights pulling back in Texas, the nation’s top issuer of state and local debt, with $42 billion last year.The Wall Street Journal - World - Texas -
Investors Were Burned by European Banks for Years---Until Now
After years in the doldrums, European banks have cleaned up their balance sheets. The result: Stock prices have surged.The Wall Street Journal - World -
Israeli forces kill five people in raid near West Bank’s Tulkarm
Hamas confirms four of five people killed during raid in village of Deir al-Ghusun were from its armed wing. Middle East crisis – live updatesIsraeli forces killed five Palestinians in an overnight raid in a village near the city of Tulkarm in the ...The Guardian - World - Israel -
Citi sees ‘coiled spring’ for bank stocks, with Hancock Whitney in the spotlight
Citi analyst Ben Gerlinger sees bank stock as “attractive” for significant gains over the summer.MarketWatch - Business -
UBS Stock Rallies After Bank Swings Back to Profit
The Swiss bank posted a $1.8 billion net profit in the first quarter, triple the roughly $600 million that analysts were expecting. Revenue was higher and costs were lower than had been forecast.The Wall Street Journal - World -
UBS shares surge as bank returns to profit following takeover of Credit Suisse
UBS shares surged 8% on Tuesday as the bank outstripped analysts’ expectationsMarketWatch - Business -
Brazil's Central Bank May Cut by Less Than 50 Basis Points
Brazil’s central bank may not deliver on its guidance as it may cut interest rates by less than 50 basis points on Wednesday, Goldman Sachs’s Alberto Ramos says.The Wall Street Journal - World -
Probe finds misogynistic ‘boys club’ culture at US bank regulator
FDIC chair Gruenberg faces fresh calls to quit after being singled out as an angry boss who lacks trust to lead changeFinancial Times - World -
What should the Bank of Japan do with its huge stock portfolio?
The central bank has called time on its ETF buying but has yet to to say what it will do with its massive investmentsFinancial Times - World -
At least 37 dead as Southern Brazil hit by the worst floods in 80 years
The civil defense agency in the southern Brazilian state of Rio Grande do Sul says heavy rains have killed 39 people, with another 68 still missingABC News - World - Brazil -
Brazil: 37 killed and dozens missing in worst floods in 80 years
More than 23,000 people forced to leave homes after heavy rains in southern Rio Grande do Sul prompt record-breaking floods. Heavy rains in the southern Brazilian state of Rio Grande do Sul have killed 37 people, with another 74 still missing, as ...The Guardian - World - Brazil -
Worst-ever job interviews: 'We had to crawl and moo'
Dozens of jobseekers tell the BBC about their worst-ever interview experiences.BBC News - Top stories