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 regulation

Topics

Wait, how many banks were run in 2023?

More than you’d think!
Financial Times - 9h
Israeli airstrike targets armed group in West Bank

Yahoo News - 2d
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 - 2d
Investment banks prepare for crunch year in 2025

Boutiques counting on M&A rebound to support elevated valuations and star hires
Financial Times - 3d
US relaxes green hydrogen rules in race to boost sector

Biden administration’s Treasury delays stricter requirements for claiming tax credits ahead of Trump’s return
Financial Times - 5d
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 - 6d
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 - 6d
Gold set to rally further this year, say Wall Street banks

Yellow metal expected to continue to benefit from buying by global central banks
Financial 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

1/8: CBS Evening News

Firestorm brings death, destruction to Los Angeles County; Los Angeles fire official on the challenges crews are facing
CBS News - 23m
California fires live: sixth wildfire breaks out in Los Angeles as five people killed and landmarks threatened

Evacuations ordered from Hollywood Hills due to new Sunset fire, as fire crews battle to contain destructive blazes. Full report: overwhelmed firefighters struggle to contain blazes Visual ...
The Guardian - 26m
Israeli Soldiers on Vacation Are Being Investigated for War Crimes in Gaza

The Israeli military will no longer identify its forces by name in the media, “fearing the arrest of soldiers abroad.”
The New York Times - 53m
Footage of India mock train crash sparks false claims about 'fatal accident'

Yahoo News - 1h
Rachel Reeves heads to China to build bridges, but a new golden era of relations is impossible

Seeking business partners post-Brexit is sound policy, but even in these darker geopolitical times the UK will ultimately side with the US. Rachel Reeves will fly with a delegation of City grandees ...
The Guardian - 1h