First Republic Bank Rescue Plan Announced Janet Yellen Says Banking System Remains Sound
Sort by
Date
Items per page
-
A Global Tax on Billionaires? Janet Yellen Says 'No'
The Treasury secretary came out against the proposed global levy, which proponents say would stop the rich from shifting wealth into countries where they can avoid paying the tax.The Wall Street Journal - World -
Janet Yellen's Risky Debt-Management Business
Her overreliance on short-term borrowing sets taxpayers up for a painful economic reckoning.The Wall Street Journal - World -
Card payments remain a ‘challenge’ for legal cannabis as major banks avoid the sector. Changing classification won’t help.
Standard credit card transactions remain elusive but more financial services firms are moving into the space.MarketWatch - Business -
Summer interest rate cut possible, says Bank deputy
Ben Broadbent's comments come ahead of data which is expected to show a fall in inflation.BBC News - Top stories -
Israeli army raids West Bank's Jenin, Palestinians say seven killed
Yahoo News - World - Israel -
Janet Yellen urges EU to join US in curbs on cheap Chinese exports
Comments come as Commission president hints EU could impose tariffs on Chinese electric vehicles. Business live – latest updatesJanet Yellen, the US treasury secretary, has urged the EU to intervene urgently to dampen the growing export levels of ...The Guardian - World - European Union -
Islamic Jihad leader killed in West Bank and 70 targets hit in Gaza, says Israel
IDF says ‘senior terrorist operative’ Islam Khamayseh was killed in strike on the city of Jenin. Israel says its jets have struck 70 targets across Gaza in the past 24 hours, while an airstrike in Jenin killed a “significant” Islamic Jihad figure ...The Guardian - World - Israel -
RedBird Banks $4.7 Billion for Dealmaking
The sports, media and financial services investor collects fresh capital amid a flurry of high-profile deals.The Wall Street Journal - World -
China Regulators to Discuss Property Aid With Banks Friday
Yahoo News - World - China -
What a Spanish bank mega-deal means for TSB
After BBVA’s bid, Sabadell is under pressure to prove it makes sense for a Spain-focused bank to own the midsize UK lenderFinancial Times - Business -
Mexico eyes tax squeeze on banks to raise revenue
New government will need to plug hole in public financesFinancial Times - World - Mexico -
Arab League Calls for U.N. Peacekeepers in Gaza and the West Bank
Any use of U.N. forces would have to be approved by the Security Council. “There first has to be peace to keep," said a U.N. spokesman.The New York Times - World -
Mortgage rates drop as markets bet on Bank of England cut
Fresh wave of competition among lenders could provide relief for homebuyers ahead of UK general electionFinancial Times - Business - Mortgage -
ECB pressures banks to speed up Russia exits on fear of US action
Regulator has requested detailed plans from lenders including Italy’s UniCredit and Austria’s RaiffeisenFinancial Times - Business - Russia -
When to Treat Your 401(k) as a Bank. And When to Keep It Locked Up.
Higher interest rates make retirement-plan loans more attractive, but there are risks.The Wall Street Journal - World -
Dimon Led Bank CEOs to Fend Off Tougher Capital Rules
Regulators discuss slashing proposed capital requirements in sign of banks’ increasing clout.The Wall Street Journal - World -
Russian court freezes assets of 2 German banks in gas project dispute
Yahoo News - World - Russia -
Week Ahead for FX, Bonds: PMI Surveys, Asia Central Banks in Focus
Key data from the U.S., Europe and U.K. will share the stage with a raft of central bank decisions out of Asia-Pacific, as the timing of interest rate cuts stays front of mind for investors.The Wall Street Journal - World -
Texas-based Independent Bank to be bought for $2 billion by Florida’s SouthState
Independent Bank Group will no longer be independent, after the Texas-based bank announced Friday an agreement to be acquired by Florida’s SouthState Corp. in an all-stock deal valued at about $2 billion.MarketWatch - Business -
Deutsche Bank raises S&P 500 price target to 5,500
Equity analysts at Deutsche Bank have raised their 2024 S&P 500 target to 5,500, joining a host of other Wall Street strategists who have expressed greater optimism as stocks have come roaring back from last month’s selloff.MarketWatch - Business -
FDIC Chief Gruenberg to Resign and Biden Will Choose His Successor
Martin Gruenberg, the chairman of the Federal Deposit Insurance Corporation, said he would step down once the Senate confirmed a successor.The New York Times - Business - Joe Biden -
Israeli forces kill at least 7 Palestinians in a West Bank raid
Yahoo News - World - Israel -
Singapore's MAS Steps Up Green Finance Partnership With China's Central Bank
Singapore’s central bank separately announced plans to sell up to US$1.9 billion of sovereign bonds to fund environmental projects.The Wall Street Journal - World - China -
Kosovo’s Raid on Last Serb Bank Triggers Tensions With Belgrade
Yahoo News - World -
Joan Vassos Is Announced as First ‘Golden Bachelorette’
ABC introduced a new season of the spinoff, after the ratings success of “The Golden Bachelor.”The New York Times - Lifestyle -
Post-Brexit border system hit by delays and IT glitches, watchdog says
UK project faces ‘major challenges’ as costs spiral, National Audit Office warnsFinancial Times - Business -
Yellen says U.S. wants to diversify, not decouple, from China
Treasury Secretary Janet Yellen said the U.S. is trying to diversify but not decouple from China, a week after a series of new tariffs were introduced.MarketWatch - Business - China -
Putin and Xi announce plans to strengthen military ties in Beijing
Russian leader praises ‘comradely’ talks with Chinese president ahead of concert to mark 75 years of ‘friendship’. . Russia and China have announced they will deepen their already close military ties, as Vladimir Putin met Xi Jinping in Beijing on ...The Guardian - World - China -
‘You’re emptying my emotional bank account’: why is business jargon seeping into our relationships?
Some couples relish new ways to discuss their feelings by using the language of the workplace. For others it’s alienating. The language of relationships seems to have donned a blazer recently – or at least a fleece vest.. If you’re single and ...The Guardian - World -
New York Community Bank COO Julie-Ann Signorille-Browne is stepping down
Browne’s departure follows a slate of recent executive exits at NYCB.MarketWatch - Business - New York -
Bank of America forecasts an upturn after the worst performance for 30-year bonds in over 100 years
The total return on 30-year bonds has declined by 45% since April 2020, the worst four-year loss in over 100 years, according to strategists at Bank of America.MarketWatch - Business -
Russian court seizes assets worth €700mn from UniCredit, Deutsche Bank and Commerzbank
Move against western lenders follows dispute with a subsidiary of GazpromFinancial Times - Business - Russia -
Russian court seizes assets worth over $700 mln from UniCredit, Deutsche Bank and Commerzbank
A St Petersburg court has seized over €700 mln ($773 mln) worth of assets belonging to three western banks — UniCredit, Deutsche Bank and Commerzbank — according to court documents.MarketWatch - Business - Russia -
‘Only Hamas can defend us’: Israeli raids and Fatah failures boost support in West Bank
Settler attacks and arrests of Hamas supporters create climate of fear and distrust in ruling Fatah party. Shuffling around his family home in the hills around Ramallah, Khalil was nervous after his release from prison the day before. His mother ...The Guardian - World - Israel -
Senate Banking chief calls on Biden to replace FDIC chair after sexual harassment probe
Senate Banking Committee Chair Sherrod Brown (D-Ohio) called on President Biden on Monday to replace the chair of the Federal Deposit Insurance Corporation (FDIC) in the wake of reports of a toxic workplace environment at the agency. Brown is the ...The Hill - Politics - Joe Biden -
Kosovo shuts 6 Serb bank branches over use of the dinar currency in a move that could raise tensions
Kosovo police have closed six branches of a Serbia-licensed bank in line with the decision on the ban of the use of the Serbian dinar currency in the countryABC News - World -
Britain's inflation rate could be about to drop below the Bank of England's 2% target
The headline inflation rate could be 'momentous,' but markets remain divided on the chance of a June cut and services will be the one to watch.CNBC - Business - United Kingdom -
Lizzy Banks quits cycling after ‘life torn apart for nothing’ in doping case
‘We spent all our savings – the mental toll has left deep scars’UKAD found cyclist bore ‘no fault or negligence’ for positivesLizzy Banks has said she will end her professional cycling career after having her life “torn apart for nothing” in a ...The Guardian - World -
EU reprimands Kosovo's move to close down Serb bank branches over the use of the dinar currency
The European Union has reprimanded Kosovo over the unilateral closure of six branches of a Serbia-licensed bankABC News - World - European Union -
Gucci focused on building ‘sound foundations’, says Kering executive
Deputy chief executive Francesca Bellettini was tasked last year with turning around flagship brandFinancial Times - Business