REGIONBUSINESSLIFE.COM: Top News and Analysis 2019-09-11, 14:39

In A Fracturing World, Central Banks Stuck Together In Zero-Sum Battle

The last time major central banks shifted gears together, it was a cooperative move to keep the financial crisis of a decade ago from becoming a full-bore, worldwide depression....

In A Fracturing World, Central Banks Stuck Together In Zero-Sum Battle

Source: ndtv.com

In a fracturing world, central banks still stuck together The last time major central banks shifted gears together, it was a cooperative move to keep the financial crisis of a decade ago from becoming a full-bore, worldwide depression....
2019-09-11, 09:52

For world's central banks, a call to hang together Over the decades since World War Two the growth rates, inflation rates, interest rates and business cycles of the world's major economies grew closer together....
2019-08-23, 18:00

World's central banks to tackle technology with BIS innovation hub Central banks grappling with fast-changing financial technology and companies like Facebook moving into finance will aim to work together more closely through an innovation hub approved on Sunday by the Bank for International Settlements....
2019-06-30, 13:39

World's central banks tackle technology with innovation hub Central banks grappling with fast-changing financial technology and companies like Facebook moving into finance will aim to work together more closely through an innovation hub approved on Sunday by the Bank for International Settlements....
2019-06-30, 14:52

UPDATE 1-World's central banks tackle technology with innovation hub Central banks grappling with fast-changing financial technology and companies like Facebook moving into finance will aim to work together more closely through an innovation hub approved on Sunday by the Bank for International Settlements....
2019-06-30, 13:39

Central banks' dovish cooing keeps world stocks lulled near two-week highs World stocks held near two-week highs on Wednesday as investors bet on a worldwide wave of central bank stimulus, with expectations building that the United States and the euro zone may deliver interest rate cuts as early as July....
2019-06-19, 12:26

World stocks are rallying after a trio of central banks cut rates and China calmed investors' nerves AP Images / Richard Drew World stock markets rallied on Thursday after central banks in New Zealand, India, and Thailand announced surprise cuts to interest rates. China also fixed its reference rate at a stronger level than expected, and released positive trade data for July. Oil prices rebounded ...
2019-08-09, 11:13

A New Central Bank Approach: Pay Banks to Lend If you think negative interest rates are weird, brace yourself: The European Central Bank is about to start lending to some banks at less than it pays them for putting money on deposit....
2019-09-17, 15:26

Preserve your ammunition, BIS urges top central banks Bank for International Settlements (BIS) chief Agustin Carstens has urged top central banks to preserve their ammunition for more serious economic downturns rather than deplete it chasing higher growth....
2019-06-30, 15:39

Central banks to question Facebook over Libra cryptocurrency Facebook is about to undergo further scrutiny of its Libra cryptocurrency, and it may have to answer some difficult questions. Officials speaking to the Financial Times said that Libra representatives are meeting with officials from 26 central banks......
2019-09-15, 23:39

Emerging Market Central Banks Keep Cutting Rates Then, interest rate hikes by emerging market central banks outstripped or matched cuts for nine straight months as they battled the fallout from a strong dollar, rising inflation and softer......
2019-07-02, 15:13

BOE's Carney: Central Banks Have Weapons to Fight Next Downturn The possibility of a slowdown “has gone up” around the world but the world’s major central banks still have the capability of responding, Bank of England Governor Mark Carney said....
2019-09-10, 16:52

Central banks will want oversight of Facebook's Libra - BoE's Carney Major central banks and regulators will want oversight of Facebook's proposed new currency and payment system, Libra, to ensure it is safe and does not allow money laundering or finance terrorism, Bank of England Governor Mark Carney said....
2019-06-21, 12:13

Central banks were always political – so their ‘independence’ doesn’t mean much | Larry Elliott The separation of monetary and fiscal policy serves the neoliberal status quo. It won’t survive the next crashIndependent central banks were once all the rage. Taking decisions over interest rates and handing them to technocrats was seen as a sensible way of preventing politicians from trying to buy...
2019-09-12, 13:00

Global stocks, yields steady with focus on Fed, central banks A gauge of global stock markets edged higher on Monday to build on monthly gains and benchmark government bond yields hovered near multi-year lows as investors girded for developments later in the week from central banks in the United States and elsewhere....
2019-06-17, 18:13

Global Recession Risks Are Up, and Central Banks Aren’t Ready The world’s monetary authorities have limited policy space, and it’s unclear whether their backup plans will suffice to bolster growth and inflation....
2019-07-09, 09:52

Australia and New Zealand’s Central Banks Are Leading What Seems to Be a Race to the Bottom Australia and New Zealand’s central banks are pondering what until recently seemed unthinkable: deploying the types of extreme monetary policies that were spawned globally by the 2008 global financial crisis. Bond-purchase programs and negative interest rates were for years seen Down Under as the pr...
2019-08-22, 04:00

Asia trades lower as markets look to central banks for guidance Federal Reserve Chairman Jerome Powell is set to deliver his annual speech on Friday at the Jackson Hole, Wyoming symposium, where he's expected to provide more clarity on the Fed's future intentions....
2019-08-21, 13:00

Central banks in Asia are cutting rates to prop up their economies — but that may not be enough "I think (rate cuts) will help, but whether they're going to be sufficient to counter the negative trade pressures and global growth slowdown and impact is debatable," one strategist told CNBC....
2019-08-21, 08:00

Trio of Central Banks Surprises Markets With Rate Cuts Policy makers in India, New Zealand and Thailand moved aggressively to shore up growth and stoke inflation, all cutting interest rates by more than investors had expected....
2019-08-07, 15:00

Central banks' key policy goals are under threat from climate change, warns UBS Central banks around the world must proactively fight climate change in their own investment portfolios in order to safeguard their key priorities, according to research....
2019-07-02, 14:26

Central banks will want oversight of Facebook's Libra: Bank of England's Carney Major central banks and regulators will want oversight of Facebook's proposed new currency and payment system, Libra, to ensure it is safe and does not allow money laundering or finance terrorism, Bank of England Governor Mark Carney said....
2019-06-21, 11:13

Trio of Central Banks Surprise Markets With Aggressive Rate Cuts Three central banks in the Asia-Pacific region lowered interest rates in a surprisingly aggressive fashion as the fallout from the U.S.-China trade war intensified, suggesting the global rate-cut cycle will gather steam in the months ahead....
2019-08-07, 21:52

Central banks cannot perform miracles and lawmakers need to reduce uncertainty, ECB member says France's central bank governor told CNBC Saturday that monetary policy cannot compensate for trade tensions, and political leaders need to act in order to fend off today's economic threats....
2019-07-08, 02:39

1,800 firefighters battle wildfires in central Portugal Portuguese authorities say that about 1,800 firefighters are struggling to contain wildfires in central Portugal that have already injured 20 people, including eight firefighters...
2019-07-21, 18:39

Firefighters battle forest blaze in central Spain With 38C forecast, emergency services work to contain fire in Castilla-La Mancha and Madrid regionFirefighters in central Spain are battling strong winds and high temperatures as they struggle to control a fire that has already destroyed over 5,000 acres in the provinces of Castilla-La Mancha and Ma...
2019-06-30, 14:39

Villagers, firefighters battle huge blazes in central Portugal As flames closed in on villages in central Portugal on Sunday afternoon, locals were forced to take matters into their own hands, protecting their homes from huge wildfires with buckets of water and hosepipes as strong winds fanned the blaze....
2019-07-21, 22:52

Firefighters battle wildfires sweeping parts of central Portugal About 1,800 firefighters struggle to contain blazes that have injured at least 20 people About 1,800 firefighters have been struggling to contain wildfires in central Portugal that have injured 20 people, including eight firefighters.The fires broke out on Saturday across three fronts in the distric...
2019-07-21, 22:52

How U.S. Banks Took Over the World A decade after fueling a crisis that nearly brought down the global financial system, America’s banks are ruling it, earning the majority of global investment-banking fees, merger fees and stock commissions last year....
2019-09-04, 14:13

Fire crews battle house fire in central Tucson TUCSON – Smoke filled up the sky in central Tucson after emergency crews were dispatched to a house fire near 22nd Street and Swan Road Tuesday at noon. Officials say the fire burned a home located on 19th Street off of Swan Road. Tucson Fire Department said the residents of the home were insi...
2019-07-10, 01:39

Dubai's DP World hires banks for dollar bond issue Port operator DP World has hired banks to arrange a series of investor meetings ahead of a potential issue of 10-year U.S. dollar-denominated sukuk, or Islamic bonds, a document issued by one of the banks leading the deal showed....
2019-07-08, 15:00

UPDATE 3-Saudi Aramco gives nine banks top roles on world's biggest IPO -sources Saudi Aramco has hired nine banks as joint global coordinators to lead its planned initial public offering (IPO), slated to be the world's largest, two sources familiar with the matter told Reuters on Wednesday....
2019-09-11, 20:39

On Becoming A God In Central Florida explores the horrors of its world There are a lot of dead animals on this show. In the first couple of episodes, Krystal shoots and butchers two gators, a serious crime that puts her further in debt. Last episode, a man trying to expose FAM accidentally crushes his pet bird trying to escape his burning houseboat. And now “Manifest D...
2019-09-09, 09:13

Yelich out for season after fracturing kneecap Brewers right fielder Christian Yelich, who entered Tuesday night with 44 home runs and 97 RBIs, is out for the season after fracturing his right kneecap, the team announced....
2019-09-11, 13:26

Del Potro out of Wimbledon after re-fracturing kneecap Juan Martin's del Potro's injury curse has struck again with the Argentine requiring more surgery after re-fracturing his kneecap during this week's Queen's Club Championships....
2019-06-20, 17:52

How Myanmar became an example to the world in the battle against malaria Once a malaria blackspot, Myanmar has used aid money to tackle the disease locally – an approach, say experts, from which other countries can learnWith a plastic case full of cheap medical supplies and only a few days’ training, Say Mu Phaw is on the verge of eliminating malaria from her village in ...
2019-07-18, 11:26

1.2 Million Ford Explorers Recalled Due to Suspension Fracturing After all the hype around the new 2020 Explorer during the New York Auto Show, Ford has some bad news. It’ll be recalling 1.2 million of its existing Explorers over some faulty suspension issues. Oh, and if you have an F-150 or a Canadian Taurus or Flex, you might have the same issue....
2019-06-12, 19:13

Big bird: central coast plans world's largest pelican statue Locals from Pelican Rapids in Minnesota are unfazed about losing the record to The Entrance in NSWLocals in a tiny American hamlet with the world’s biggest pelican statue say they are not fussed about the prospect of losing the record to an Australian seaside township.The Central Coast council in Ne...
2019-09-04, 14:39

Froome out of the Tour de France fracturing femur, elbow and ribs "Chris Froome has been admitted to hospital after a crash during a recon ride at the Criterium du Dauphine, ending his race and ruling him out of the 2019 Tour de France."...
2019-06-12, 20:52

Lorenzo to miss Assen MotoGP race after fracturing back in FP1 fall Honda MotoGP rider Jorge Lorenzo will miss Sunday's Dutch TT at Assen after fracturing his back in a crash in the first free practice session on Friday morning...
2019-06-28, 21:13

Reigning MVP Christian Yelich done for the season after fracturing kneecap in Brewers' win Christian Yelich's season is over after he was injured during a first-inning at-bat against the Miami Marlins.       ...
2019-09-11, 12:13

Athletics: Forget his age, Gatlin is ready to battle for another world title Justin Gatlin has made it clear he is not going to give up his world 100 meters title without a fight despite the emergence of much younger sprinters....
2019-07-04, 03:13

Swamp soccer: footballers battle it out in mud for World Cup spot – video Dozens of footballers have taken part in the Russian Swamp football cup near Saint Petersburg to earn a place in the Swamp Soccer World Cup. The contest, which was officially started in 1998, was inspired by Finland's top cross-country skiers using natural swamps to train during the summer. Teams co...
2019-06-28, 20:52

New York-New Jersey to battle for Little League World Series spot Either New York or New Jersey will have a team in the Little League World Series. With a 15-4 win over Northwest Washington from the nation’s capital, in the Mid-Atlantic Regional semifinal on Thursday in Bristol, Conn., the team from Haverstraw, N.Y., advanced to the regional final for a chance to ...
2019-08-10, 13:39

Pakistan's Imam-ul-Haq relishes World Cup battle with Australia's Starc Imam-ul-Haq scored a solid 44 in an 82-run opening stand against England in Nottingham, setting up Pakistan's second-highest total ever in a World Cup of 348 for eight in a match they won by 14 runs....
2019-06-10, 22:39

What does the FIFPro World XI say about the Premier League's big power battle? Gareth Southgate might have taken some small satisfaction from the announcement this week of the runners and riders for football's prestigious Fifa FIFPro World XI awards....
2019-09-07, 15:26

U.S. Banks Rush in as European Banks Stumble The retrenchment of Deutsche Bank and other former European financial powerhouses has left a gaping hole in European banking. U.S. banks are filling the void, strengthening their stranglehold on the region....
2019-07-08, 16:52

Investors Shun Banks Buying Other Banks Shares of banks buying other banks are underperforming, reflecting investor concerns that potential economic weakness could depress future earnings and portend bigger-than-expected loan losses at target firms....
2019-06-16, 21:39

Man raped 8-year-old girl after hitting her in head with shovel, fracturing her skull: police A 29-year-old Kentucky man who has seen past charges against him dismissed in numerous cases after being declared incompetent to stand trial, is now accused of a brutal attack on an 8-year-old girl, according to reports....
2019-08-11, 07:26

Teen Has Mouth Wired Shut After Vape Explodes, Fracturing His Jaw and Knocking Out Teeth Vaping may or may not be healthier than smoking conventional cigarettes, but a recent incident involving a teenage boy, in which an exploding e-cigarette blew out several of his teeth and cracked open his jaw, is a serious cause for concern....
2019-06-21, 20:00

Florida judge stuns courtroom, acquits mother accused of fracturing baby’s skull A Florida took judge took the unusual step last week of acquitting a mother who was fighting accusations that she brutally beat and hospitalized her 10-month-old daughter, according to a report that cited audio from the trial....
2019-05-23, 12:13

Euro Papers: Spurs and United battle it out for world-class Dybala transfer "Juventus have reportedly told Paulo Dybala he is free to leave, according to Sky Italia. The forward, who has linked up well with both Cristiano Ronaldo for his club and Lionel Messi for his country, has a choice between Tottenham Hotspur and Manchester United as his major Premier League suitors in...
2019-07-31, 18:39

Chris Froome out of Tour de France after fracturing femur, elbow and ribs in high-speed crash Britain's four-time champion Chris Froome suffers a fractured right femur, a fractured elbow and fractured ribs in a high-speed crash that has ruled him out of the Tour de France....
2019-06-12, 20:13

Like May, the first woman in cabinet faced a lonely battle in a male-dominated world | Rachel Reeves Ninety years after Margaret Bondfield was appointed, the challenges for female politicians are different but realThe imminent departure of Britain’s second female prime minister reminded me of Margaret Bondfield. Unlike Theresa May, the former shop worker and union organiser is far from a household ...
2019-06-08, 16:13

What to do if someone has food stuck in their throat Sometimes, food can become stuck in the esophagus or windpipe within the throat. Depending on the location of the blockage and the person’s symptoms, this can be a medical emergency. Learn more here....
2019-09-17, 05:52

Trade Talks Stuck in Rut Over Huawei Progress toward a U.S.-China trade deal has stalled while the Trump administration determines how to address Beijing’s demands that it ease restrictions on Huawei Technologies....
2019-07-18, 10:52

Why Tencent Music Is Stuck With the Same Old Song China’s largest online music company will struggle to change its tune. Buying a stake in Universal won’t help Tencent solve one of its more-serious problems....
2019-08-13, 16:26

Stuck in gear: OBJ still bothered by hip, will play Saying it's "something I've never had to deal with," Browns receiver Odell Beckham Jr. compared his injured hip to a sports car that is a little off -- "the car can still go, but it's dangerous."...
2019-09-06, 00:39

Cadillac Still Sounds Stuck In 1987 Trump is talking about phone calls, Cadillac is talking about reinventing itself. You’re not in the late ‘80s, you’re reading The Morning Shift for Tuesday, August 27, 2019....
2019-08-27, 17:39

U.S.-China Talks Stuck in Rut Over Huawei Progress toward a U.S.-China trade deal has stalled while the Trump administration determines how to address Beijing’s demands that it ease restrictions on Huawei Technologies....
2019-07-18, 02:52

Chris Paul and the Thunder are stuck for now It seems the NBA’s trade frenzy has finally subsided. And that could be bad news for Chris Paul and the Thunder. After attempts to move him stalled, Paul is expected to start the season in Oklahoma City, ESPN reported Wednesday. The 34-year-old point guard was dealt from contending Houston to rebuil...
2019-07-18, 12:39

Scientists Are Stuck on the Mystery of Tape There’s a certain patience required for studying sticky tape. Sure, sometimes experiments require peeling, but other times, researchers must simply sit around and wait for the adhesive to fail. These experiments are bringing scientists closer to something that doesn’t yet exist: a unified theory of ...
2019-05-30, 00:13

I don’t want to be stuck in my sexless marriage and am tempted to have an affair After being happily married for 10 years I still have a sex drive but my wife doesn’t and I can’t resign myself to a celibate lifeMy wife and I have been happily married for 10 years but our sex life is a relic of the past. My sex drive is higher than hers, and this means I am living with an unmet n...
2019-05-21, 19:39

Several Stranded, Buses Stuck After Heavy Rain In Goa Normal life has been thrown out of gear in Goa after heavy rain for over a week. Several people were stranded at Diwar Island near Panaji due to flooding in the area. Eight buses were stuck near Goa's......
2019-08-06, 17:00

Iranians 'stuck in a vicious cycle' over US tensions Tensions are running high in the Persian Gulf after Iran warned that it will increase its enrichment of uranium to "any amount that we want," starting on Sunday. Many in Iran feel conflicted about the current situation....
2019-07-05, 20:52

Andreescu wins US Open; Serena still stuck on 23 Bianca Andreescu broke Serena Williams' serve six times to win the US Open title in her first career appearance at the event. Williams, meanwhile, remains stuck on 23 Grand Slam titles....
2019-09-08, 02:52

I'm Still Not Exactly Sure How This Dude Managed To Get That Truck Stuck On Top Of A House Late yesterday afternoon, along a mostly empty Canadian highway, the laws of physics grew bored and decided to have some fun with an errant box truck....
2019-09-11, 03:39

Car stuck in storm waves as Dorian nears S.C. As Hurricane Dorian approached South Carolina Thursday, a red Jeep Grand Cherokee became a tourist attraction when it was discovered stuck on the shore in Myrtle Beach, waves crashing around it. (Sept. 5)        ...
2019-09-06, 05:52

Cavendish out of Tour, still stuck on 30 stage wins Mark Cavendish won't get a chance this month to overhaul Eddy Merckx's record of 34 stage victories at the Tour de France       ...
2019-07-02, 15:13

How to Avoid Vehicle Pollution When You’re Stuck in Traffic Most non-electric motor vehicles emit multiple airborne pollutants, including nitrogen dioxide, hydrocarbons, and ultrafine chemical particles. Breathing in these pollutants can cause or contribute to a wide range of health problems, from heart and lung disease to neurological, reproductive and immu...
2019-08-19, 19:26

As U.S. and Iran Face Off, Europe Is Stuck in the Middle European leaders want desperately to preserve the nuclear deal, which they see as critical to regional security, but are powerless to stop the escalations that threaten it....
2019-06-18, 16:00

ESPN Is Stuck With Tyson Fury As Its Hero Tyson Fury won what was for all intents and purposes a fixed fight in his ESPN+ and Las Vegas debut on Saturday night, beating the technically “undefeated” but deeply non-threatening Tom Schwarz in a second-round TKO. Against a no-name boxer who’d never fought outside of Germany or the Czech Republi...
2019-06-17, 23:26

Hundreds of Eurostar passengers stuck for hours in 40C after breakdown Hundreds of Eurostar passengers have been rescued after being stuck for hours in sweltering heat when their train broke down in a tunnel following a power failure....
2019-07-24, 21:52

Alligator With Knife Stuck in Its Head Seen in Lake in Texas A Texas woman says she recently witnessed an alligator with what appeared to be some kind of knife stuck in its head swimming in a local lake, a situation she says she believes may have been a purposeful act.Read more......
2019-06-15, 10:13

Passengers get stuck on Six Flags roller coaster for more than 2 hours These thrill seekers got a much scarier experience than they expected. Roller coaster passengers spent two hours stuck at the top of the ride Thursday evening at a Six Flags amusement park in Bowie, Md. The Firebird coaster came to a “controlled stop at the top of the lift hill” at 6:15 ...
2019-07-19, 21:39

Russell Westbrook is stuck in Thunder purgatory with few ways out Russell Westbrook is now alone in Oklahoma City and his future has never been this uncertain. The All-Star point guard saw sidekick Paul George traded early Saturday morning to the Clippers, where he will team up with Kawhi Leonard. With the Thunder getting back a haul of draft picks, it’s likely th...
2019-07-06, 23:39

Black bear gets stuck in women’s bathroom in hotel Hotel workers in Montana were shocked to find an unexpected guest in the women’s restroom: a black bear. Buck’s T-4 Lodge and Restaurant, adjacent to a national forest, isn’t a stranger to wildlife, but co-owner and general manager David O’Conner told Fox News that a “bear stuck in the bathroom” was...
2019-09-04, 20:13

Chagos children ‘stuck for years in unsafe lodgings’ Families of islanders housed in council-allocated accommodation deemed inappropriate by social servicesFamilies descended from islanders evicted from the Chagos Islands are being housed in council-allocated accommodation deemed by social services to be inappropriate for young children, the Observer ...
2019-08-11, 03:26

32 Girls Stuck After J&K Lockdown Needed Help. A Gurudwara Responded In a heart-warming display of friendship and compassion, members of gurudwara committees in Pune and Delhi joined hands to arrange for the safe return of a group of Kashmiri students to their homes...
2019-08-19, 19:00

About 200 mostly Venezuelan migrants stuck at Chile-Peru border Some 200 mostly Venezuelan migrants fleeing poverty at home remained stranded on the Peru-Chile border on Thursday after being refused entry to Chile earlier this week....
2019-06-21, 03:52

Price of Good Economy: More Time Stuck in Traffic Traffic congestion has worsened as the economy improved, with the average auto commuter in 2017 spending around 12 minutes every workday stuck in traffic, according to a report released Thursday....
2019-08-22, 17:13

Why Marcus Maye is still stuck watching Jets practice A week into Jets training camp, Marcus Maye’s status remains unchanged. The third-year safety is still on the physically unable to perform (PUP) list, a bystander in practice waiting to get cleared following shoulder surgery that limited him to six games last season. “It’s just his body healin...
2019-07-31, 21:26

Stuck between the past and present, Legion struggles toward its conclusion “You should never have come.” This is the magic phrase, the utterance Farouk says held the power to his overthrow of the previous tyrant, the words that can transform the world. They’re a warning to Xavier as he travels to Morocco, uttered by the malevolent Yellow Man incarnation of Farouk as he sit...
2019-08-06, 14:26

Held back from EU by Croatia, refugees stuck in Bosnia Officials near Bosnia's border with Croatia feel abandoned by the federal government and the international community. With shelters bursting at the seams with people trapped in limbo, they're taking drastic measures....
2019-06-22, 18:13

Alleged watermelon thief gets car stuck in mud, leading to arrest Buzz60, Mercer Morrison, watermelon, Edgecombe County Sheriff’s Office, north carolina, thief, crime, arrest, mud, dirt, crop, topical        ...
2019-08-27, 17:39

A raccoon got stuck in a vending machine while 'committing a burglary' Facebook/Volusia County Sheriff's Office Florida authorities "apprehended" a raccoon "committing a burglary" inside a vending machine on Wednesday. Photos showed him poking around packages of Welch's fruit snacks. The Volusia County Sheriff's Office said the critter eventually made its way out of t...
2019-08-16, 12:52

Retro active: why film-makers are getting stuck in the past New movie Bait’s rejection of digital technology could open up new paths to creative expressionIn the same way that vinyl has made a comeback in the face of digital streaming, so cinema is in the throes of its own analogue revival. A certain breed of movie aficionado cherishes the soft richness of p...
2019-08-26, 20:52

Lawmakers stuck on Obamacare in universal healthcare hearing Obamacare loomed large Wednesday during a House Democratic hearing meant to focus on "Medicare for all" and other forms of universal health coverage....
2019-06-13, 00:52

'I'm about to have my baby': migrants stuck in Mexico face more uncertainty Tariff deal calls for expansion of policy forcing Central American asylum seekers to wait in Mexico as their cases wind through US courtsIn a cramped San Diego courtroom, immigrant mothers cradled restless babies and toddlers as they waited to go before a judge. After a quick exchange, they were whi...
2019-06-12, 03:26

Scottish woman stuck in toy car gets cut free with bread knife This was not her ticket to ride. A woman in Scotland ended up having to be cut out of a children’s toy car with a bread knife on Friday after an attempt at a joke went very wrong. Zoe Archibald, 34, had climbed into her cousin’s red and yellow Little Tikes car after joking how......
2019-06-11, 21:52

Pope Francis gets stuck in lift for 25 minutes at Vatican Pontiff apologises for arriving late to St Peter’s Square and says he was freed by firefightersPope Francis has said he got stuck in a lift for 25 minutes at the Vatican and had to be rescued by firefighters.The pontiff apologised to the faithful gathered in St Peter’s Square on Sunday for showing u...
2019-09-01, 21:52

Pope gets stuck in elevator, apologizes to Vatican crowd The Pope apologises to the crowds in St Peter's Square after getting trapped in the Vatican lift. It took the fire brigade 25 minutes to free Francis.        ...
2019-09-01, 20:13

Why a Rail Tunnel Under the Hudson River Is Stuck in Washington It’s widely regarded as among the most vital infrastructure projects in the U.S., but it’s been canceled once and now is stuck in limbo. President Donald Trump’s administration ranks the tunnel near the bottom of 37 rated projects vying for federal mass-transit grants and loans. Proponents of the Ga...
2019-05-28, 12:26

Pope Francis gets stuck in a Vatican elevator, rescued by firefighters “Thank God the firefighters intervened,” Pope Francis said, referring to tiny Vatican City State’s own fire department.        ...
2019-09-01, 20:13

Pope stuck in elevator for 25 minutes, freed by fire brigade Pope Francis arrived late for his weekly address in St. Peter's Square on Sunday, explaining that he had been stuck in an elevator in the Vatican for 25 minutes and had to be freed by firefighters....
2019-09-01, 14:13

Firefighters rescue squirrel stuck in manhole months after saving rat Just four months after saving an overweight rat trapped in a sewer grate, German firefighters have again answered the call of rodent duty, this time sedating, then liberating, a very tense squirrel whose head got stuck in a manhole. The furry critter wedged its tiny head in a manhole cover in the we...
2019-06-22, 03:00

Nxivm captive created her own newspaper while stuck in room for two years A member of the Nxivm cult who was allegedly held captive in a room with only a pad of paper and a pen for two years became so desperate that she created a “newspaper” covering her own captivity and failing health, she testified in Brooklyn federal court Thursday. Jurors in the trial of Nxivm leader...
2019-05-31, 10:13

German firefighters rescue squirrel stuck in manhole cover Firefighters in the city of Dortmund were called upon to help a red squirrel in need of rescue. But with its head firmly stuck in the manhole cover, rescuers had to get creative in order to free the distressed animal....
2019-06-20, 21:00

Woman Stuck In Pak After Balakot Strike Reunites With Husband In India Left stranded in Pakistan for three months following the Balakot air strike, a Pakistan-origin woman along with her two children has finally reunited with her husband in India. Married to......
2019-06-08, 17:26

Stuber review – Uber-set action-comedy gets stuck in first gear Incapacitated cop Dave Bautista forces timid Kumail Nanjiani to help him take down the bad guys in this lame LA-set caperStuber is a buddy action-comedy in which Kumail Nanjiani plays a sporting-goods store worker and part-time Uber driver called Stu – thus reprising in lamer form the comedian and p...
2019-07-11, 11:26

Google Maps Detour Gets Nearly 100 Drivers Stuck In Empty Field Good things come to those who wait. Nearly a 100 drivers who got stuck in an empty field while taking a Google Maps-suggested detour to save time would probably agree with that now....
2019-06-28, 14:26

Surgery mishap: False teeth stuck in throat for eight days A pensioner spent eight days with his dentures - made up of a metal plate and three front teeth - stuck in his throat after he had surgery, it has emerged....
2019-08-13, 08:26

Dutch PM says China has stuck to climate goals despite economy, trade war China has stuck to its climate change goals even with a slowing economy - the world's second largest - and a trade war with the United States, Dutch Prime Minister Mark Rutte said on Thursday....
2019-06-27, 22:26

NASA initiates plan to rescue its robot that’s stuck on Mars NASA’s newest Mars robot has a serious problem. The InSight lander is a relative newcomer to the Red Planet, having safely arrived at its chosen destination late last year, but one of its most important instruments — a self-hammering “mole” tool that is designed to dig up to ...
2019-07-02, 22:39

Scottish woman gets stuck in a children's toy car, has to be cut free with a bread knife A woman in Scotland ended up having to be cut out of a children's toy car with a bread knife on Friday after an attempt at a joke went very, very wrong....
2019-06-11, 14:26

49ers rookie Deebo Samuel stuck with $3,700 dinner bill San Francisco 49ers receiver Deebo Samuel took part in an expensive tradition foisted upon rookies Wednesday night when he shelled out $3,700 for the team's dinner at a steakhouse. ...
2019-08-16, 12:52

Missing dentures found stuck in throat 8 days after surgery This undated X-ray image provided by the BMJ in August 2019 shows dentures stuck in the throat of a 72-year-old patient. They became lodged in his throat during surgery and weren’t discovered until eight days later. (BMJ via AP) Here’s why it’s best to remove false teeth before surgery: ...
2019-08-13, 17:13

British Man's Dentures Disappeared, Found Stuck In Throat 8 Days Later A 72-year-old man could not figure out what was wrong with his throat. It turned out that his dentures, which he thought were lost during an operation eight days earlier, had actually been lodged in......
2019-08-14, 10:00

MLB not ready to change nets after young girl is stuck by ball SEATTLE — Major League Baseball Commissioner Rob Manfred said he does not expect teams to make changes to the protective netting around ballparks during the season, although he expects conversations to continue about whether netting should be extended. Manfred’s comments on Tuesday came less ...
2019-06-05, 04:52

12 Soldiers Stuck In Himachal Building Collapse, Rescue Ops Overnight Solan Building Collapse: Two people have died and 12 Indian Army soldiers and many other civilians, are trapped in rubble after a multi-storey building collapsed today in Himachal Pradesh's Solan....
2019-07-14, 19:13

Technical Issues Disrupt Rescue Ops Of Boy Stuck In Borewell Since 3 Days Rescuers were facing some technical issues on Sunday as they as are "quite close" to reaching where a two-year-old boy has been stuck in a 150-foot-deep borewell in Punjab's Sangrur district for past......
2019-06-10, 02:39

Louis Garrel is still handsome, and still stuck in his dad’s shadow, in the frivolous A Faithful Man Children of celebrities often strive to dissociate themselves from Mom and/or Dad, sometimes even going so far as to take on a different name (as, say, Joe Hill did). They want to feel confident that any professional success they may achieve was fully earned rather than merely inherited. Not so with...
2019-07-16, 21:26

McConnell Promised to End Senate Gridlock. Instead, Republicans Are Stuck in Neutral. The Senate, once known as “the world’s greatest deliberative body,” is operating as Senator Mitch McConnell would like: as an approval factory for President Trump’s nominees....
2019-08-03, 18:26

Richard Gere boards migrant ship stuck in the Mediterranean Actor Richard Gere joined a humanitarian ship off the Mediterranean coast as its crew continues to wait for a safe port to accept the migrants they rescued....
2019-08-09, 22:39

Thanks to This Cover, the Cantina Theme From Star Wars Is Going to Be Stuck in My Head All Day Back in the day, before all the Nazis and creepy algorithmically generated children’s shows, YouTube was great for two things: old Saturday Night Live clips, and song covers. It’s honestly still pretty great for the latter. Read more......
2019-06-30, 18:00

A Man's Dentures Got Stuck in His Throat During Surgery, Leaving Him Bleeding for Weeks Here’s a story that’ll haunt you into your golden years. Doctors say their elderly patient endured a nightmarish week of his throat bleeding out and weeks more of surgeries and hospital care, all because surgeons had forgotten to remove his dentures—dentures that then became lodged in his throat.Rea...
2019-08-13, 11:39

Missing Dentures Found Stuck in Man’s Throat 8 Days After Surgery Here’s why it’s best to remove false teeth before surgery: You just might swallow them. A medical journal is reporting the case of a 72-year-old British man whose partial dentures apparently got stuck in his throat during surgery and weren’t discovered for eight days. The man went ...
2019-08-13, 06:26

Ship carrying migrants stuck at sea while waiting for safe port MILAN — A Spanish humanitarian ship has been stuck in the Mediterranean Sea for more than a week because no European government will offer safe harbor to the 121 migrants on board and the vessel faces a fine of up to 1 million euros if it enters Italian waters. The Open Arms was idle for......
2019-08-10, 04:39

WWE Raw: Seth Rollins assaults Sami Zayn, R-Truth gets stuck in an elevator WWE Universal Champion Seth Rollins celebrated escaping Mr. Money in the Bank Brock Lesnar at Super Showdown on Raw before being interrupted by Baron Corbin....
2019-06-11, 17:00

Naked California burglary suspect arrested after getting stuck in chimney: reports A naked California man was pulled from a chimney over the weekend after he reportedly bolted from a suspected botched burglary attempt -- rambling that people were trying to kill him....
2019-08-13, 23:26

Alejandro Bedoya on US gun violence: 'People get stuck in their American ways of thinking' The Philadelphia Union captain and USA international went viral on Sunday when he grabbed a field microphone after scoring and urged Congress to act to prevent further gun violenceAlejandro Bedoya was at home in the French city of Nantes in the fall of 2015, tuned to Germany’s friendly at the Stade ...
2019-08-07, 12:39

‘Yesterday’ star Himesh Patel still has a Beatles song stuck in his head Like many millennials, Himesh Patel wasn’t particularly well-versed in The Beatles as a kid. “They weren’t a huge part of my life, like they are now,” says the 28-year-old British star of the new musical comedy “Yesterday,” about a world in which The Beatles suddenly don’t exist. “At school, we did ...
2019-06-28, 01:39

Pope Francis Stuck In Elevator For 25 Minutes, Freed By Fire Brigade Pope Francis arrived late for his weekly address in St Peter's Square on Sunday, explaining that he had been stuck in an elevator in the Vatican for 25 minutes and had to be freed by firefighters....
2019-09-01, 14:39

'I felt stuck between a rock and a hard place,' admits frustrated Thomas "Geraint Thomas admits he felt \"stuck between a rock and a hard place\" after failing to take full advantage of the first sign of cracks in Julian Alaphilippe’s bid to be crowned Tour de France champion."...
2019-07-21, 23:13

Liverpool stars stuck in no man's land ahead of Community Shield For all the unknowns ahead of Liverpool taking on Manchester City in the Community Shield, you can at least be sure that the result will generate plenty of sweeping conclusions....
2019-08-03, 13:52

New Hampshire officials capture bobcat stuck on Burger King roof There’s the usual police call of cat stuck in a tree well what about a wild bobcat stuck on a Burger King?        ...
2019-07-31, 18:26

Mom left in ‘agonizing pain’ after she claims epidural was stuck in her spine for days It allegedly took four days and three different hospitals in Florida before doctors were able to safely remove an epidural catheter that was reportedly stuck in an 18-year-old new mother’s back....
2019-07-03, 22:26

Firefighters rescue squirrel stuck in manhole cover in western Germany Police, firefighters and a veterinary clinic had to join forces this week to rescue a red squirrel that got its head stuck in a manhole cover in western Germany....
2019-06-21, 17:26

Gizmodo Dozens of Drivers Got Stuck After Blindly Following Google Maps Into a Mud Pit | Jalopnik Su Gizmodo Dozens of Drivers Got Stuck After Blindly Following Google Maps Into a Mud Pit | Jalopnik Supercars Seized From African Dictator’s Son, Again, Will Be Auctioned for Estimated $13 Million | Kotaku Mario Maker 2 Is Hiding Two Secret New Power-Ups | Lifehacker How to Avoid Getting Scammed When ...
2019-06-28, 17:13

Ford v Ferrari review – motor-racing drama gets stuck in first gear Matt Damon and Christian Bale star in a handsome-looking but dull account of the rivalry between the US and Italian car-makersFord v Ferrari is a great-looking, handsomely produced but tiringly acted and inert sports drama about two good ol’ boys from the self-admiring world of motor racing – which ...
2019-09-10, 14:00

Dogs stuck in the middle of the canine social ladder show more aggression For dogs stuck on the middle rungs of their social ladder, life is especially tough. Dogs in the middle of the pack -- not top dog, not the runt -- tend to behave more aggressively toward one another....
2019-07-04, 00:52

Group Of Trekkers Stuck In Himachal Pradesh's Kinnaur, Rescue Efforts On A group of trekkers from West Bengal, were stuck near Rupin Pass on the way to Sangla valley in Himachal Pradesh's Kinnaur district, an official said on Thursday....
2019-06-07, 01:39

Spectrum colour yoga and meditation – like being stuck inside a traffic light The effect of being immersed in deep colours is striking, but I am not sure it is the best way to relax, especially when the lights stop working properly‘I am not good at yoga” is the main thought I have in any yoga class. I am definitely thinking it today. My warrior II would have been discharged f...
2019-08-20, 11:00

Britain Vowed Big Changes After Grenfell Tower Burned. Why Are Thousands Stuck in Firetraps? Two years after the Grenfell inferno in London killed 72 people, hundreds of high-rise apartment buildings in England remain wrapped in flammable cladding — and safety rules are little changed....
2019-05-29, 14:39

Canon Stuck a Smartphone Lens Into a Flash Drive For This Tiny Clip-on Camera Now that the optics and sensors in smartphones produce images on par with what you’d get from an affordable point and shoot camera, Canon has decided to just go with the flow and build a tiny barebones shooter that looks about as small as a USB flash drive that it’s decided to bring to life via crow...
2019-07-03, 16:52

Florida woman suffers rare condition that leaves odors “stuck in her head” (SNN) Alyssa Mandel has to avoid a lot of places, but in the kitchen, she’s usually okay. “I had just started my new job, and at the job, they were having some construction done on campus,” Mandel said. “When I started smelling gasoline and diesel, I just chalked it up to tha...
2019-07-05, 10:13

Video shows bystanders coming to aid of NYPD officer who had finger stuck in trunk A New York City Police Officer seen in a viral video being helped by a group of good samaritans after he got his finger stuck in the trunk of his cruiser says the whole ordeal has "put a little bit of faith back in humanity."...
2019-07-31, 20:26

Watch: Alligator with soccer ball stuck in mouth rescued in South Carolina A pair of wildlife trappers were called to a South Carolina retention pond for an unusual rescue involving an alligator with a soccer ball stuck in its mouth....
2019-07-10, 06:00

Meet Quasi, a giant statue of a human hand with a fucked-up face stuck on it In the grand annals of public art, creeping people right the fuck out seems to be high on the list of priorities. There’s the famous Ronaldo bust, which transformed the famous soccer player into a sneering imp creature; a Massachusetts statue of a boobed-up seagull thing; and a hometown tribute to L...
2019-08-20, 01:00

Viral: Raccoon Stuck In Sewer Grate Sparks 2 Hour Rescue Operation Firefighters were dispatched when a passing cyclist saw a raccoon clinging desperately to the grill of a sewer, head and tiny paws visible through the metal struts....
2019-08-05, 13:26

Pope Francis Arrives Late for Weekly Appearance After Getting Stuck in Vatican Elevator (VATICAN CITY) — Where’s the pope? He’s stuck in a Vatican elevator. Thousands of people who were gathered in St. Peter’s Square for the traditional Sunday on-the-dot-of-noon appearance by Pope Francis were watching for the window of the Apostolic Palace to be thrown open so ...
2019-09-01, 22:39

Film Star Manju Warrier, Crew Stuck In Himachal Floods. Rescued After SOS Malayalam superstar Manju Warrier and her film crew were among those stranded in Himachal Pradesh as flash floods and landslides blocked roads in many parts of the state. Three days of heavy rain led......
2019-08-20, 15:26

Mallinckrodt paid 'kickbacks' to keep drug price high, and stuck taxpayers with bill, DOJ lawsuit says The pharmaceutical company responsible for one of the largest drug price increases in US history "knowingly paid illegal kickbacks" as part of an elaborate scheme to make millions and stick the American taxpayer with the bill, the US Department of Justice said Wednesday in a lawsuit filed against Ma...
2019-06-06, 00:13

Watch: Benoit Paire gets ball stuck in racket throat during return at French Open Kei Nishikori and Benoit Paire's French Open marathon match included many interesting moments, including the ball getting stuck in the throat of Paire's racket during a return on Monday in Paris....
2019-06-03, 22:01

Tech titan calls for health care overhaul: 'Our medical system is stuck in dark ages' Futurist Vivek Wadhwa made the declaration in an email to colleagues and friends the day after he lost his wife to a rare form of cancer called cholangiocarcinoma....
2019-07-03, 19:13

Potty-training toddler rushed to emergency room when toilet seat gets stuck on head: 'She’s a crazy kid' A 2-year-old girl in Somerset, England, was rushed to the emergency room after she got her potty-training toilet seat stuck on her head, her father told SWNS. ...
2019-08-27, 21:39

St Pancras delays: Commuters stuck in train tunnel for two hours forced to walk along track due to cable problems Commuters were forced to walk along train tracks to St Pancras station after overhead cable problems left them stuck in a tunnel for two hours on Friday evening....
2019-08-23, 22:26

Missing cat who prompted major rescue operation after getting stuck 100ft on a bridge stuns owners by returning home unscathed A missing cat who sparked a major rescue operation after being trapped for six days on a bridge stunned her owners when she reappeared unscathed at her home....
2019-05-30, 18:26

Extremely Frustrating: George R.R. Martin Has Pushed Back The Release Of The Last Two ‘GOT’ Books After Getting Stuck Behind Someone Filling Up A Water Bottle At A Drinking Fountain Here’s a piece of news that’s guaranteed to ruin the day of any Song of Ice And Fire fans eagerly awaiting the final installments in the book series: George R.R. Martin has pushed back the release of The Winds of Winter and A Dream of Spring after getting stuck behind someone filling up a water bott...
2019-07-18, 22:52

National Security Crisis: President Trump’s New Ponytail Is Stuck In The White House Fax Machine After He Tried To Fax An Image Of It To Xi Jinping To Make Him Jealous In recent months, the Trump administration has continued to apply pressure to the already contentious relationship between the U.S. and China, but the President’s latest maneuver may have just backfired in a major way: President Trump’s new ponytail is currently stuck in the White House fax machine ...
2019-06-15, 00:39

'Please support us': Richard Gere visits migrants stuck at sea in Mediterranean Actor Richard Gere is visiting rescued migrants on board humanitarian ship Open Arms that has been stuck in the Mediterranean Sea for over a week.        ...
2019-08-09, 18:52

OH. NO. Kristen Bell hints that a new 'Frozen 2' song may get stuck in your head Talking about the end of "The Good Place," Kristen Bell gave us a glimpse into a certain song in "Frozen 2" and OMG.        ...
2019-06-19, 01:52

Oklahoma State game at Oregon State delayed after Cowboys coaches get stuck in elevator There was a brief delay in Oklahoma State-Oregon State in the third as Cowboys coaches apparently got stuck in an elevator coming back from halftime.       ...
2019-08-31, 18:39

Riders stuck for 2 hours on Six Flags roller coaster 'Firebird' in Maryland Roller coaster riders were stuck atop a hill for nearly two hours at a Six Flags amusement park in Maryland when the ride malfunctioned.       ...
2019-07-19, 17:26

Daily on Healthcare, presented by the Alzheimer’s Association: Lawmakers stuck on Obamacare in universal healthcare hearing Subscribe today to the Washington Examiner magazine and get Washington Briefing: politics and policy stories that will keep you up to date with what's going on in Washington. SUBSCRIBE NOW: Just $1.00 an issue!...
2019-06-13, 17:00

Cat sparks $7,500 rescue mission after getting stuck on bridge six days; mission fails, pet gets bored and wanders home A pet cat who sparked a pricey rescue mission after getting trapped on a bridge in England for eventually got bored nearly a week later and walked home on her own....
2019-05-30, 20:01

Hundreds stuck in India's financial capital Mumbai as heavy rain disrupts Mumbai rail service Hundreds of passengers were stuck in India's financial capital, Mumbai, and nearby towns on Monday after two days of heavy rain flooded rivers and undermined railway tracks, forcing authorities to cancel or divert dozens of long-distance trains....
2019-08-05, 09:52

'Missed opportunities' led to death of father whose neck got stuck in cinema seat footrest, inquest finds A string of "missed opportunities" led to the death of a cinema-goer whose head became trapped in an electronic footrest as he searched for his keys and phone under his seat, a inquest jury has found....
2019-05-24, 03:13

Banks Had to ‘Dig in the Mud’ to Make Her New Album III Singer-songwriter Jillian Banks, known as Banks, helped popularize the brooding R&B sound that’s dominated pop this decade. Now, after a two-year self-imposed hiatus, she returns with her third album, III. In it, she explores pain, desire and personal growth, mixing vulnerable songwriting with...
2019-07-11, 14:26

Banks: III review – her best album yet (Harvest)Jillian Rose Banks has spent the past six years making fascinating, sedated songs that vacillate between trap-pop and R&B. Now, with music’s dominant sound moving in her direction, the Los Angeles-based singer-songwriter’s third and most impressive album yet only lacks the helicopter hit th...
2019-07-14, 10:26

Brazilian banks carry on regardless The rapid fall in interest rates in Brazil, from a peak of 14.25% in 2016 to 6.5% in February 2018, created expectations among analysts that the biggest banks’ famously high net interest margin was finally about to be eroded....
2019-07-31, 18:00

The squeeze is on and banks will be feelin’ it We already know that savers have been hurt for a decade by extra-low interest rates. But now banks are also feeling pain. As you probably heard, the Federal Reserve’s policy-making committee is meeting Tuesday and Wednesday this week. And on that last day the Fed is expected to cut interest rates by...
2019-09-17, 04:52

Banks Get Some Relief in Volcker-Rule Changes U.S. regulators unveiled final changes to Volcker-rule restrictions on proprietary trading by financial firms, removing a provision opposed by the biggest banks and giving some regulatory relief to smaller firms....
2019-08-20, 18:52

Big U.S. Investment Banks Crowd Into Aramco IPO Global investment bankers launched the underwriting process for the listing of Saudi oil giant Aramco, a sign financiers who shunned the kingdom after the murder of journalist Jamal Khashoggi are turning the page....
2019-09-12, 19:00

The best USB power banks for phones and tablets By Sarah Witman This post was done in partnership with Wirecutter. When readers choose to buy Wirecutter's independently chosen editorial picks, Wirecutter and Engadget may earn affiliate commission. Read the full guide to USB power banks for phones......
2019-06-07, 18:26

Japanese Banks Are Circling the Drain Banking in a country where almost nobody defaults sounds easy. For Japan’s lenders, it is anything but. After almost three decades of near-zero, zero, and now negative interest rate policies, Tokyo has pushed its banking system to its limit....
2019-08-06, 13:26

What a ‘Direct Listing’ Is, and Why Banks Are Nervous Hot technology startups have traditionally raised the cash they needed to break into the big time through initial public offerings. IPOs became synonymous with instant wealth for company founders and those lucky enough to buy those shiny new shares. But for some of the new generation of tech firms g...
2019-06-19, 17:39

The banks are back with another big credit bubble Financial regulators need to rein in the growth of high-risk, high-yield lending to business. If they wait to act until they can say with certainty that a credit bubble is about to burst, they’ve waited too long....
2019-06-01, 06:00

Veteran NFL writer Don Banks dies at 57 Veteran NFL writer Don Banks died in his sleep the day after attending the 2019 Pro Football Hall of Fame enshrinement ceremony in Canton, Ohio. He was 57....
2019-08-05, 14:52

Why the News About Europe’s Banks Is Never, Ever Good Europe has too many banks making too little money. The continent’s big lenders appear to lurch from crisis to crisis, burning through chief executives and seemingly endless resets of strategy. The flailing is particularly dramatic when compared with American rivals. A decade ago, Europe’s top five b...
2019-07-08, 06:39

Banks Get the Late-Cycle Blues Quarterly results from a trio of big U.S. lenders showed slowing loan growth and declining net interest margins. Goldman Sachs looks less impacted than peers thanks to a diversification drive but, if the economic cycle does turn, none look attractive....
2019-07-16, 17:00

Is it time for Asian banks to go global? As Asia’s share of world GDP and global capital increases, the trend among Asia-based banks is for regional rather than global expansion. The region’s leading chief executives explain their approach to growth....
2019-05-21, 14:38

International investment banks: It’s all about China International IBs pride themselves on the diversity of their business in Asia Pacific, but a bank without a decent China business in this region is nowhere. It is the engine of both regional and global growth....
2019-05-21, 15:52

Europe's Banks Warn About Prospects Banks in Germany, Italy and Holland, warned that making money and improving operations are becoming more challenging as already-low interest rates look set to tick lower....
2019-08-08, 10:13

Banks can help to alleviate the refugee crisis Humanitarian crises are emerging market issues and local banks are the best way to distribute aid. Banks should make it easier and cheaper to get funds to them....
2019-05-21, 14:52

12 State-Run Banks Instead Of 27 In Government's Mega Mergers State-run banks will be merged to form a dozen strong lenders, Finance Minister Nirmala Sitharaman announced on Friday. The Punjab National Bank, Oriental Bank of Commerce and United Bank will merge......
2019-08-30, 18:00

Banks Set to Win $40 Billion in Relief From Postcrisis Rule Banking agencies moved to ease a postcrisis rule that could free up nearly $40 billion for big global banks, the latest regulatory victory for Wall Street....
2019-09-17, 21:26

Banks Want Reassurance on Payday-Type Loans Some lenders want to get back into the business of offering short-term, small-dollar loans to cash-strapped customers but are wary of running afoul of regulators....
2019-09-06, 17:39

SBI Says Monitoring Exposure To Shadow Banks "Very Closely" A series of defaults at lender Infrastructure Leasing and Financial Service Ltd last year raised concerns about the country's shadow banking industry...
2019-06-06, 18:26

Warren’s plans for Big Tech and Big Banks are big trouble Last week, Elizabeth Warren made it clear she wants to reign in the banks and Wall Street, and break up Big Tech. What dumb ideas. Perhaps the lawyer-turned-overpaid-professor-turned-senator does not understand that America leads the world in banking, finance and technology, too. And that these fiel...
2019-09-15, 17:13

The German Tax-Dodge Probe That’s Roiling Banks The investment seemed virtually risk-free, guaranteeing hefty returns after only a short season of trading. By exploiting how Germany once taxed dividend payments, dozens of bankers, brokers and lawyers helped investors snatch billions of euros from the national treasury. A decade later many of them...
2019-06-28, 18:13

Mexico: Banks free Pemex from bondage HSBC, JPMorgan and Mizuho lend Mexico’s oil company $8 billion after investors show no interest in non-deal roadshow – and that’s the least of the firm’s problems....
2019-05-23, 19:13

As Banks Report Earnings, Fed Looks to Take Away the Punch Bowl Big banks start reporting earnings Monday, and investors will be watching for signs of how much the Fed’s change in policy could hurt their business....
2019-07-14, 18:13

'On Tap' Licensing For Small Finance Banks Under Study, Says RBI The Reserve Bank of India (RBI) on Thursday said it was considering 'on-tap' licensing facility for small finance banks and proposed to issue the draft guidelines by the end of August....
2019-06-06, 18:26

Climate protesters arrested outside Swiss banks Environmental activists, seeking to pressure Swiss banks into halting the financing of fossil fuels, blocked entrances to Credit Suisse in Zurich and UBS in Basel on Monday before police intervened and arrested some protesters....
2019-07-08, 16:26

Khartoum banks shuttered on second day of opposition strikes Banks in the Sudanese capital Khartoum were closed on Wednesday on the second day of strikes organized by protest and opposition groups to pressure military rulers to cede power to civilians....
2019-05-30, 02:52

Warren Buffett Is a Huge Backer of U.S. Banks Warren Buffett’s Berkshire Hathaway holds nearly $100 billion in financial-services stocks, underscoring the size of the billionaire investor’s ongoing bet on the future of the U.S. economy....
2019-08-14, 12:26

New North Korea sanctions would tell Chinese banks: It's us or them A new round of sanctions targeting North Korea would force Chinese banks to choose between doing business with the United States and doing business with North Korea....
2019-06-28, 03:39

Banks Can Now Use Aadhaar For Identity Verification With Consent The RBI specifies Know Your Customer (KYC) norms to be followed by banks and other entities regulated by it for various customer services, including opening of bank accounts...
2019-05-29, 18:52

What’s Suspicious? Here’s How Banks Apply the Smell Test The phrase “if you see something, say something” isn’t just about packages left on the subway. Banks around the world have a similar duty. The first line of defense against money laundering and other financial crimes often boils down to the thousands of bank employees flagging transactions that some...
2019-05-24, 00:52

African Americans underserved by U.S. banks: study Many African Americans have difficulty accumulating savings in part because they lack access to mainstream financial services like banking, a new study on the contributing factors to the U.S. racial wealth gap by McKinsey & Co found on Tuesday....
2019-08-13, 06:52

More banks join LSE bridge loan for Refinitiv buy By Michelle Sierra NEW YORK, Sept 17 (LPC) - The full list of lenders to the multibillion dollar bridge loan backing the London Stock Exchange Group’s acquisition of data company Refinitiv has been revealed after banks received their allocations. The allocations total US$13.3bn and a furthe...
2019-09-17, 21:00

The Fed’s plan to speed up payments despite banks’ resistance Most countries today settle and clear retail bank transfers within minutes if not seconds. In the US it takes days -- and the banks want it that way.Read More...
2019-08-13, 04:00

Koepka banks on caddie's local knowledge American Brooks Koepka believes he has a "big advantage" in this week's British Open in the form of his local-born caddie who grew up playing on Royal Portrush....
2019-07-16, 16:00

Don't have a down payment for a house? Banks might have a deal for you About 69% of prospective home buyers say the big barrier to buying is saving enough for a down payment and costs, says a new Bank of America survey.       ...
2019-09-06, 20:52

Top banks' commodities revenue up 6 pct in first quarter - report Commodities-related revenue at the 12 biggest investment banks was 6% higher in the first three months of this year than in the same period in 2018 thanks to increased earnings from oil, consultancy Coalition said on Thursday....
2019-05-30, 13:01

Slovenian banks Jan-May profit up 16.4%, bad loans fall Slovenian banks had a joint net profit of 268.3 million euros ($301.46 million)in the first five months of 2019 versus 230.5 million in the same period of last year, the Bank of Slovenia said in its monthly report on banks on Thursday....
2019-07-18, 12:39

Foreign-Owned Banks’ Results Could Sweeten Further Under Tax Law Large U.S. financial institutions reaped a windfall from the 2017 Trump tax cuts. Now foreign banks are pushing for favorable treatment from Treasury....
2019-07-19, 12:00

'More transparency' needed on who banks are financing, says investor Eric Borremans of Pictet Asset Management discusses the investment strategy that takes into account environmental, social and corporate governance factors....
2019-07-05, 09:39

Carlyle picks banks for PA Consulting sale The private equity backers of PA Consulting Group, one of the world's oldest management consultancies, have hired bankers to help review options for the future ownership of the business....
2019-08-06, 14:26

Sasha Banks ‘re-evaluated’ her life during WWE absence Sasha Banks has lifted the lid on her recent WWE hiatus and revealed she just needed to “step back and re-evaluate” her life. “The Boss” had vanished from WWE shows since she and Bayley lost the Women’s Tag-Team Titles at WrestleMania back in April until her comeback last month. Rumors mounted that ...
2019-09-14, 02:52

Fed Wants to Teach Banks Through Stress Tests, Not Fail Them A top Federal Reserve official said his agency’s tests of whether big banks can withstand a future economic shock need to be more predictable and easier for firms to pass....
2019-07-10, 03:52

How multilateral development banks moved to Asia The alphabet soup of multilaterals in the region has become hard to understand during the past decade, so Euromoney tries to read between the acronyms to assess what impact they will make....
2019-05-21, 15:52

Banks Confront Fed on Faster Financial Payments Big banks are fighting a likely U.S. government effort to speed up how money moves through its payments system, arguing this could derail their private network....
2019-08-04, 12:13

European banks are ahead of the millennial zeitgeist Europe’s banking sector’s investment in fintech and ESG merits more confidence than their exposure to negative European Central Bank rates might suggest. On these counts, the US banks may be lagging....
2019-09-16, 20:26

RBI To Enhance Monitoring Of Shadow Banks: Shaktikanta Das The comment comes at a time when there are fears that India may be facing a major crisis in its shadow banking sector after shares of mortgage lender Dewan Housing Finance Corp Ltd (DHFL) plunged this......
2019-06-09, 13:26

This California driver's phony license plate 'stuck out like a sore thumb.' See it for yourself A driver was arrested after a California police officer spotted his phony 1960s-style 'Califas' license plate with wobbly yellow letters and numbers.        ...
2019-06-13, 05:26

'Unbelievable': This goose wasn't cooked — even after being hit by a car and getting stuck in the grille A goose survived getting stuck in a car's grille after a Papa John's delivery driver struck it last weekend in Burlington, Vermont.        ...
2019-07-23, 14:52

Irish Banks Battered as Disorderly Brexit Looms Some of the stocks worst hit by Brexit uncertainty aren’t in the U.K.: They are Irish banks. The Republic of Ireland’s two largest lenders are among the worst-performing European banks this year....
2019-09-09, 21:13

"Know Your Customer" Norms: Banks Allowed To Use Aadhaar For Verification Banks can now accept the proof of owning an Aadhaar for Know Your Customer (KYC) verification under certain conditions. According to a statement by the Reserve Bank of India (RBI), the Aadhaar number......
2019-05-30, 10:52

Fintech start-ups are now more ready to work with banks, says ANZ exec Sreeram Iyer, chief operating officer for institutional business at ANZ, said "it was quite hard to find adequately mature fintechs" a few years ago....
2019-06-27, 20:39

Macaskill on markets: Investment banks and the sharing economy Bankers in Europe have discussed pooling resources across different institutions for some years, as the threat from bigger US rivals has become painfully obvious....
2019-09-13, 19:39

British banks seek tweaks to accountability rules Britain's new system of banker accountability has led to a "tangible" improvement in culture but modest changes are still needed, UK Finance said on Tuesday....
2019-09-10, 03:13

Hong Kong banks take out newspaper ads to call for order Major Hong Kong banks including HSBC and Standard Chartered have published newspaper ads calling for the preservation of law and order and condemning violence, as pro-democracy protests showed no signs of stopping....
2019-08-22, 16:00

No Space To Keep Coins, Banks Tell Shirdi Sai Baba Temple The counting of cash collected in donation boxes of the famous Sai Baba temple in Shirdi was on Friday cancelled as bank officials did not turn up citing lack of space to keep coins, Shri Saibaba......
2019-06-14, 15:52

Dollars in the detail: banks pan for gold in 'data lakes' From sending special offers on restaurants to burger-loving current account holders to selling anonymised credit card records, banks are racing to monetize the huge troves of data they hold....
2019-06-21, 11:13

Big Banks Ace First Round of Federal Reserve's 'Stress Tests' The biggest banks in the U.S. have enough reserves to continue lending in a severe economic downturn, the Federal Reserve said in its annual review of large financial firms....
2019-06-22, 09:39

Purdue Pharma owners hid millions in Swiss banks: NY AG The family that owns OxyContin maker Purdue Pharma used Swiss bank accounts to conceal the transfer of millions of dollars from the company to themselves, New York state’s attorney general contends in court papers filed Friday. New York — asking a judge to enforce subpoenas of companies, banks...
2019-09-14, 01:39

Why Polish Banks Face a Reckoning Over Franc Loans It was too good a deal to pass up. Starting more than a decade ago, Poles got the chance to take out mortgages denominated in Swiss francs with interest rates less than half the prevailing level for loans in Polish zloty. More than a million people jumped at the opportunity. Then in 2015, the Swiss ...
2019-09-03, 13:13

Venezuela loses $1.4 bln of gold to banks for guarantees -sources Citibank and Deutsche Bank have taken control of around $1.4 billion of Venezuelan government gold, which they received as guarantees for loans, as a result of U.S. sanctions on the Venezuelan Central Bank, according to five sources....
2019-06-06, 21:52

Political war: General Johnson banks on the element of surprise Military strategists from the ancient Chinese war leader Sun Tzu to the French general Napoleon Bonaparte have trumpeted the element of surprise in any conflict....
2019-08-29, 07:13

Sperm banks: is there a dark side to their rising popularity? A growing number of women in the capital are turning to sperm banks to fulfil their dream of having a baby. But with a burgeoning black market, is there a darker side to sperm donation? Sophia Money-Coutts investigates...
2019-09-03, 02:26

UK's interfaith food banks are filling welfare gaps As poverty levels in the UK increase many of those affected are turning to food banks run by churches and mosques to get by. Damaging welfare cuts by the government are exacerbating an already dire situation....
2019-06-29, 14:00

Big Banks Struggled With Fed Communications Ahead of July FOMC As the Federal Reserve prepared to implement its first interest rate cut in over a decade, many of Wall Street’s biggest banks weren’t happy with the story officials were telling markets....
2019-08-23, 18:00

Big Banks' Trading Desks Suffer Despite Market Rally Three big U.S. banks say their trading revenue was on track to fall roughly 5% in the second quarter from a year earlier despite a rebound in stocks in 2019....
2019-06-28, 23:00

Big investment banks have worst start to year since 2006 The world's largest investment banks have had their worst start to a year since 2006, according to the latest data published by industry analyst Coalition on Thursday....
2019-09-05, 02:53

Things Can Get Worse for Japan's Struggling Regional Banks Ultralow interest rates are making it a miserable year for Japanese banks, with many stocks hitting historic lows. The bad news is that things can still get worse....
2019-08-19, 21:52

Financial crime: Can Europe’s banks wash themselves clean? European banks are trying to put a devastating series of money-laundering scandals behind them, but the crisis is far from over. The extra costs it implies are hitting them at the worst possible time, while the damage to their reputations will be even harder to repair....
2019-09-02, 12:26

Top banks' first half commodities revenue down 1 pct -consultancy Coalition Commodities-related revenue at the world's 12 biggest investment banks was 1% lower in the first half of the year than in the same period in 2018 due to weaker activity in power and gas, consultancy Coalition said on Thursday....
2019-09-05, 12:26

Germany planning to set 0.25% countercyclical capital buffer for banks Germany's Financial Stability Board suggested the introduction of a countercyclical capital buffer of 0.25% for banks to ensure lending should there be a sustained downturn in Europe's largest economy, the Finance Ministry said on Monday....
2019-05-27, 18:13

U.S. banks play cat-and-mouse game with Fed on capital returns An annual stress test of banks introduced by U.S. regulators after the 2007-09 financial crisis to prevent taxpayer bailouts has become a fight over how quickly lenders can return capital to shareholders....
2019-06-28, 20:52

Armed robber holds up two banks with a ripe avocado Holy guacamole, this guy’s got stones. A 47-year-old man in Beersheba, the largest city in Israel’s Negev desert, has been arrested for aggravated robbery after stealing nearly 30,000 Israeli shekels (about $8,300 US) from two banks in the region. His weapon of choice? An avocado. The Ti...
2019-06-10, 21:00

Markets Right Now: Banks lead midday gains for US stocks NEW YORK (AP) — The latest on developments in financial markets (all times local): 11:45 a.m. Banks are leading stocks higher in midday trading on Wall Street after the Federal Reserve gave many of them permission to raise their dividends and buy back more stock. JPMorgan Chase and Bank of America e...
2019-06-28, 19:00

Smart & Final changes on US$340m loan could mean losses for banks NEW YORK, June 18 (LPC) - A US$340m term loan backing Apollo Global Management’s purchase of supermarket chain Smart & Final priced on Tuesday morning but not before lead banks added a series of changes to the loan after failing to attract enough investors under the original terms, sources said....
2019-06-18, 20:26

Fed says largest banks would survive crisis, in latest tests NEW YORK (AP) — The Federal Reserve is saying that 18 of the nation’s largest and most complex banks passed its stress tests and are strong enough to withstand a severe economic downturn. The banks have benefited from an improving economy and have balance sheets strong enough to withstand a de...
2019-06-21, 23:39

RBI Asks Banks To Link Some Loans To External Benchmark The RBI said lenders would now have to link all new floating rate personal or retail loans and floating rate loans to MSMEs to an external benchmark....
2019-09-04, 21:00

Top Australian banks join IBM, Scentre in blockchain project Australia's top three banks said on Thursday they have agreed to partner with IBM and shopping mall owner Scentre Group to test blockchain technology to digitize bank guarantees....
2019-07-04, 05:13

Mexico's Leftist President Emerges as Unlikely Friend to Big Banks Andrés Manuel López Obrador believes a greater reliance on banks will lead to a reduction in Mexicans’ dependence on untraceable cash transactions, while expanded access to the financial system could give poorer Mexicans a boost by bringing more workers into the formal economy....
2019-05-21, 15:26

ATM Charges Levied By Banks For Making Cash Transactions The ATM charges apply depending on the type - whether it belongs to the same bank where the customer's account is located or some other bank - and nature of ATM - whether the ATM is located in a......
2019-08-10, 16:39

EU banks worry about dividends as capital demands jump Major European Union banks face a collective shortfall of 135 billion euros ($153 billion) to meet global capital requirements by 2027, meaning they may need use profits to raise their capital by at least 24.4%, the European Banking Authority said....
2019-07-03, 14:52

Electric bus maker Proterra hires banks for IPO -sources Proterra Inc, the U.S. electric bus manufacturer whose investors include car makers Daimler AG and BMW AG, has hired investment banks to prepare for an initial public offering (IPO), according to people familiar with the matter....
2019-07-03, 16:13

San Francisco Fed Wants to Reward Banks for Climate-Change Loans The Federal Reserve Bank of San Francisco says banks can get extra credit for making loans that help communities adapt to climate change and prepare for future natural disasters....
2019-06-17, 23:39

Manchester Extinction Rebellion activists glue themselves to banks Barclays and HSBC targeted on final day of protests against fossil fuel investmentsEnvironmental protesters have glued themselves to banks in Manchester to protest against fossil fuel investments on the final day of Extinction Rebellion’s action in the city.Nine activists stuck themselves to the pav...
2019-09-02, 19:13

Man sought after allegedly robbing multiple Tucson banks TUCSON – A man is wanted in connection to multiple bank robberies across the Old Pueblo, Tucson Police Department reported Wednesday morning. TPD said the most recent bank robbery occurred on June 28 at the Bank of The West at 3175 N. Swan Rd. near Fort Lowell Road. According to TPD, the suspe...
2019-07-03, 21:26

Beto O’Rourke Urges Banks to Cut Services for Gun Sales The candidate said he wanted credit card companies and other financial institutions to stop providing services for sales of assault-style weapons, among other measures....
2019-09-13, 01:26

India announces series of mergers of state-run banks India announced a series of mergers involving 10 state-owned banks on Friday, as it moves to strengthen a sector struggling under a mountain of debt and ensure stronger balance sheets to boost lending and revive economic growth....
2019-08-30, 14:26

RBI Closely Monitoring 50 Shadow Banks For Signs Of Contagion In its latest Financial Stability Report, the Reserve Bank of India warned that any failure among the largest of the non-bank finance companies or housing finance firms could cause losses comparable......
2019-07-22, 10:52

The best power banks of 2019: portable chargers to keep your gadgets going Power banks are one of the ultimate accessories for the modern gadget lover to have stowed away at the bottom of their bag. Whether it's to recharge your phone, laptop, Nintendo Switch or any other piece of tech you take around with you, a power bank can ensure you're not left without...
2019-05-28, 15:26

Expected Volcker Rule Update a Win for Large Banks An update of the Volcker rule expected next week will deliver a victory to large banks that have fought regulators’ efforts to clarify trading definitions, said people familiar with the matter....
2019-08-17, 00:52

BoE: UK banks can withstand Brexit and trade war double-whammy Britain's financial system is strong enough to cope with the shock of a trade war-driven global slowdown even if it coincides with a "disorderly" Brexit, the Bank of England has said....
2019-07-11, 23:26

NFL writer Don Banks dies at 57 after covering hall ceremony Don Banks, a longtime NFL writer who worked at Sports Illustrated for 16 years, has died after covering the Pro Football Hall of Fame inductions in Canton, Ohio. He was 57....
2019-08-06, 17:52

Dow drops more than 70 points as banks fall, S&P 500 retreats from record Stocks fell on Tuesday, led lower by bank shares, after the U.S. threatened a new wave of tariffs on European goods, dampening recent optimism surrounding the Washington-Beijing trade truce....
2019-07-02, 19:13

Antin Infrastructure hires banks to sell UK gas pipeline Antin Infrastructure Partners has hired investment banks to kick-start a potential $1.5 billion-plus sale of one of Britain's biggest gas pipelines, banking sources and an executive at a subsidiary of the buyout fund said....
2019-09-04, 14:13

Nicaragua warns banks of sanctions if they join strike Nicaragua's finance minister warned banks Wednesday that the government will sanction those that participate in a general strike scheduled for Thursday to pressure for the freeing of political prisoners....
2019-05-22, 23:52

U.S. banks limp away from hopes of interest margin expansion Big U.S. banks are under pressure again, as policymakers around the globe have dashed any hopes that the industry might finally be able to earn more money on loans, after more than a decade of rock-bottom interest rates....
2019-08-07, 21:00

Dorian: Help arrives for stranded Outer Banks residents Hurricane Dorian has slammed North Carolina, leaving tens of thousands without electricity as help arrives for about 800 stranded in the Outer Banks....
2019-09-07, 17:52

Shares in big banks climb as Fed approves capital plans Shares in the S&P 500 bank index rose 2.6% on Friday after the U.S. Federal Reserve approved the capital plans of the biggest U.S. banks, giving them a clean bill of health....
2019-06-28, 17:00

Moody's downgrades outlook for global investment banks Ratings firm Moody's downgraded its outlook for global investment banks (GIB) Tuesday from "positive" to "stable" citing the slowdown in growth, and lower or negative interest rates....
2019-08-27, 18:26

Facebook's Libra Could Give Dollar, Banks Some Welcome Competition Facebook’s new digital currency has the potential to become a true alternative to national currencies by creating a de facto central bank, which other fin-tech startups and cryptocurrencies have failed to do....
2019-06-27, 22:13

Brazil's Banco Pan hires banks for share offering of up to $376 mln Brazilian lender Banco Pan SA has hired four investment banks to manage a share offering valued at as much as 1.5 billion reais ($376.43 million), two sources with knowledge of the matter said on Tuesday....
2019-08-13, 16:52

Government Should Focus On Agriculture, Shadow Banks, Says SBI Research In its research report, SBI's Economic Research Department said that ideally government should keep the fiscal deficit numbers constant for the next two years...
2019-07-02, 15:13

They Rode Out Dorian in the Outer Banks. Now Comes the Hard Part. After Ocracoke Island, N.C., was evacuated, residents who stayed behind saw their village inundated by a storm surge. In its wake, they are taking stock of flooded homes, wrecked businesses and upended lives....
2019-09-09, 01:13

Banks pass the pain of negative rates to their depositors Any market sell-off in advance of coming recession will raise the cost for banks of holding their customers’ cash and make them look again at open banking....
2019-08-27, 19:13

"Ask Your Banks...": Vijay Mallya On Being Trolled Over Chris Gayle Pic Businessman Vijay Mallya, who is facing extradition to India over charges of fraud and money laundering amounting to Rs. 9,000 crore, was subjected to heavy trolling on Saturday after West Indies......
2019-07-14, 06:13

Foreign funds loosen bearish bet on big Italian banks Funds that built big short positions in Italy's leading banks from early 2018 have lowered the size of their bets in the last few months as political worries eased, regulatory data shows....
2019-05-23, 01:26

RPT-Antin Infrastructure hires banks to sell UK gas pipeline Antin Infrastructure Partners has hired investment banks to kick-start a potential $1.5 billion-plus sale of one of Britain's biggest gas pipelines, banking sources and an executive at a subsidiary of the buyout fund said....
2019-09-04, 14:13

Banks Warm to Mortgage Bonds That Burned Them in 2008 Lenders all but gave up on packaging mortgages into securities and selling them after the financial crisis. But now banks like Citigroup, Goldman Sachs and Wells Fargo are getting back in....
2019-09-16, 15:26

Google Pay inches closer to US ubiquity with support for 32 new banks Formed in 2018 by combining Google Wallet and the 2015-released Android Pay platform, Google Pay is probably not as widely used in the US as arch-rival Apple Pay, but it's certainly supported on a similarly large scale. The official list of participating banks is simply staggering, but even though t...
2019-05-22, 16:13

California Senate OKs Special Banks for Marijuana Retailers SACRAMENTO, CA – The California Senate has voted to allow special banks to handle money from legal marijuana retailers. Recreational marijuana use has been legal in California since January 2018 but is still illegal under federal law. That means licensed marijuana retailers cannot use traditio...
2019-05-21, 23:52

Why India’s Troubled Shadow Banks Spook the Market India’s $42 billion shadow-banking system has been creaking since one of the country’s biggest infrastructure lenders unexpectedly halted debt repayments in 2018. Investor nerves were rattled again in June when a major mortgage lender delayed bond interest payments, indicating credit markets remain ...
2019-07-02, 12:39

Activists urge banks not to finance Ugandan oil pipeline A group of 30 international and local campaign groups have petitioned two banks to abandon plans to raise funds to build an oil pipeline to export Ugandan oil, saying the project would damage local livelihoods, water resources and wildlife....
2019-06-07, 18:39

These are the top 15 US banks ranked by the mobile banking features consumers value most This is a preview of a research report from Business Insider Intelligence, Business Insider's premium research service. This report is exclusively available to enterprise subscribers. To learn more about getting access to this report, email Senior Account Executive Chris Roth at croth@businessinside...
2019-08-14, 05:26

Charges Levied By Top Banks In Case Of A 'Cheque Bounce' Cheque bounce is a 'dishonour of cheque' that happens when the account holder has non-sufficient funds (NSF) in the bank account or if the signatures on the cheque do not match with the original......
2019-06-01, 12:26

Fed approves buyback, dividend plans for all largest banks NEW YORK (AP) — The Federal Reserve has approved all the capital plans that the nation’s 18 largest banks submitted as part of this year’s stress tests. That means that the Fed determined banks like JPMorgan Chase, Citigroup and Bank of America can raise their dividends and buy back more...
2019-06-27, 22:39

Dubai's GEMS to meet banks for $1.65 bln refinancing - LPC news service Dubai-based GEMS Education is meeting banks in London and New York this week to discuss refinancing worth $1.65 billion, according to LPC, a fixed income news service that is part of Refinitiv....
2019-07-14, 12:13

Virtual banks could be bad news for small lenders in Singapore, Moody's says Ratings agency Moody's said in a note that Singapore's decision to issue new digital bank licenses to non-banks will increase competition in the sector....
2019-07-03, 10:52

Banks to include CO2 emission measures in shipping loan decisions A group of leading banks will for the first time include efforts to cut carbon dioxide emissions in their decision making when providing shipping company loans, executives said on Tuesday....
2019-06-18, 03:26

U.S. Midwest farm economy hit hard by record floods - Fed banks U.S. farm incomes in the Midwest and Mid-Southern states declined yet again in the second quarter of 2019, as record floods devastated a wide swath of the Farm Belt, according to banker surveys released on Thursday by the Federal Reserve Banks of St. Louis and Kansas City....
2019-08-08, 23:52

U.S. Midwest farm economy hit hard by record floods: Fed banks U.S. farm incomes in the Midwest and Mid-Southern states declined yet again in the second quarter of 2019, as record floods devastated a wide swath of the Farm Belt, according to banker surveys released on Thursday by the Federal Reserve Banks of St. Louis and Kansas City....
2019-08-09, 03:52

REFILE-U.S. banks play cat-and-mouse game with Fed on capital returns An annual stress test of banks introduced by U.S. regulators after the 2007-09 financial crisis to prevent taxpayer bailouts has become a fight over how quickly lenders can return capital to shareholders....
2019-06-29, 01:13

Best portable laptop battery chargers and power banks in 2019 On this page you'll find the best portable laptop battery chargers and power banks – and each one we feature here will allow you to quickly and easily charge your laptop while on the go.There's little worse than being away from a plug socket and finding that your laptop is rapidly r...
2019-06-29, 04:00

Development banks' climate funding at all-time high in 2018 Climate projects won record financing from the world's big development banks last year, with funds committed up 60% since the 2015 Paris climate accord to curb global warming emissions, a report published on Thursday said....
2019-06-13, 18:52

Britain's banks face 25% earnings hit from no-deal Brexit -Citigroup Britain's banks face a hit of up 25% to their earnings if Britain crashes out of the European Union without a deal, analysts at Citigroup said in a research note....
2019-08-30, 14:26

Saving Deposits Of Banks Rose To Rs 39.72 Lakh Crore In 2018-19: RBI The aggregate saving deposits of public and private sector banks (PSBs) stood at Rs 39.72 lakh crore as on March 31, 2019, according to Reserve Bank of India (RBI) data published in Handbook of......
2019-09-16, 19:39

Cash for trash: Indonesia village banks on waste recycling Indonesia's crackdown on imported foreign waste has upset the village of Bangun, where residents say they earn more money sorting through piles of garbage than growing rice in once-lush paddy fields....
2019-08-16, 16:26

How banks are helping you budget and track your money to avoid overspending Mom can't always be there to tell you when to stop spending. But Huntington Bank and others are promoting new tracking tools to keep resolutions.        ...
2019-05-21, 17:26

Major U.S. banks lower benchmark interest rates following Fed rate cut Major U.S. banks lowered their benchmark rates for a wide range of consumer and commercial loans on Wednesday, following a rate cut from the Federal Reserve....
2019-08-01, 00:13

Hurricane Dorian howls over North Carolina Outer Banks Hurricane Dorian howled over North Carolina's Outer Banks on Friday, lashing the low-lying barrier islands as a weakened Category 1 hurricane. (Sept. 6)        ...
2019-09-06, 16:13

Mexican banks report failures in processing card payments Several of Mexico's largest banks reported on Saturday that they were experiencing problems processing debit and credit card payments while some shops in the capital informed customers that they would only accept cash payments....
2019-08-11, 05:00

Big Banks vs. Big Tech: Are internet giants poised to take over the financial system? The IMF report outlines three potential scenarios for the relationship between big tech and commercial banks; coexistence, complimentary and takeover....
2019-07-22, 14:39

UPDATE 3-Mexico teases Pemex plan, banks say unimpressed Mexico on Tuesday unveiled part of its keenly-awaited business plan, meant as a road map to bring the world's most indebted oil company back to financial health, but failed to impress banks who warned it did little to reduce a ratings downgrade risk....
2019-07-16, 23:52

EU to investigate Nigel Farage over expenses funded by Arron Banks Move follows revelations MEP failed to declare lavish funding from year of Brexit referendum The European parliament is to investigate Nigel Farage for failing to declare lavish expenses funded by Arron Banks.The European parliament president, Antonio Tajani, “today refers the Farage issue to an adv...
2019-05-21, 22:00

Marijuana retailers ask Congress for financial reform, access to banks Owners of cannabis companies told a Senate committee Tuesday that they are forced by federal law to operate as cash-only businesses, making it difficult to pay taxes and creating safety concerns....
2019-07-24, 05:26

Singapore to allow virtual banks as part of a move to open up the market Singapore plans to issue up to five digital bank licenses to suitable applicants, in a move that could deliver a massive shake-up in a market dominated by local banks....
2019-07-01, 06:13

Big banks beat profit expectations but warning signs grow Three big U.S. banks reported strong earnings on Tuesday even as warning signs emerged that the playing field is beginning to tilt against the financial industry....
2019-07-16, 22:13

Wall Street banks bailing on troubled U.S. farm sector In the wake of the U.S. housing meltdown of the late 2000s, JPMorgan Chase & Co hunted for new ways to expand its loan business beyond the troubled mortgage sector....
2019-07-11, 14:00

Banks condemn HK violence as jewelers seek to put off big trade fair Hong Kong banks published full-page newspaper ads calling for law and order in the Chinese-ruled city and international jewelers sought the rescheduling of a huge trade fair as weeks of pro-democracy protests showed no sign of let-up on Thursday....
2019-08-22, 11:00

Singapore to allow virtual banks as part of move to open up market Singapore's central bank plans to issue up to five digital bank licenses to suitable applicants, in a move that could deliver the biggest shake-up in two decades in a market dominated by local banks....
2019-06-28, 19:39

Nordic banks join forces to combat money laundering The Nordic region's six major banks announced the creation of a customer checking center on Friday, with the initiative expected to help their efforts to crack down on money launderers and recover from a scandal that has damaged the sector's reputation....
2019-07-05, 22:52

Banks Shrug Off Recent Oil-Price Drop to Predict Gains Investment banks largely stuck to their forecasts that oil prices will rise in 2019’s final two quarters, predicting supply risks will make up for sharp selloffs in recent weeks....
2019-06-05, 15:52

Bundesbank's Weidmann says 'virtual' coins could undermine banks if used widely Virtual tokens pegged to official currencies, known as stablecoins, could undermine banks if they became widely used, the head of Germany’s central bank said on Friday....
2019-06-21, 11:52

With Defaults and Failures at India's Shadow Banks, 'Confidence Is Shaking' A pair of defaults and failures by nonbank lenders in India has cut down on consumer and business credit, weighing on the country’s economic growth and prompting calls for tighter regulation....
2019-07-04, 13:13

European banks to push the Stoxx 600 higher over the next six months, BAML says European stocks will push higher over the next six months with banks providing the driving force, according to Bank of America Merrill Lynch strategists....
2019-09-12, 22:13

ECB's tiered rate is cold comfort for euro zone banks The European Central Bank is giving euro zone banks a small reprieve from a penalty charge on their idle cash but this is likely to prove too little, too late for a sector hurt by years of low interest rates....
2019-09-12, 19:52

Fixed Deposit Interest Rates: Here's What Post Office And Banks Pay Fixed deposit accounts can be created by visiting a bank branch or even online. These days, most banks offer the facility of opening fixed deposits online....
2019-06-15, 23:13

Xiaomi banks on phone data for finance play in India China's Xiaomi is poised to launch a consumer lending business in India in the coming weeks, making an ambitious tilt at the booming financial services market where data privacy concerns and fierce competition present formidable challenges....
2019-08-23, 08:00

UPDATE 1-Smart & Final changes on US$340m loan could mean losses for banks NEW YORK, June 18 (LPC) - A US$340m term loan backing Apollo Global Management’s purchase of supermarket chain Smart & Final priced on Tuesday morning but not before lead banks added a series of changes to the loan after failing to attract enough investors under the original terms, sources said....
2019-06-19, 00:00

Check Out Latest Fixed Deposit (FD) Interest Rates Of Key Banks Leading banks like State Bank of India (SBI), HDFC Bank, ICICI Bank, among others offer the facility of opening a fixed deposit. These days FDs can also be created online. The interest rates on FDs......
2019-05-25, 15:52

Big Banks Are Earning Billions of Dollars. Trump’s Tax Cuts Are a Big Reason. The five largest United States banks reported tax rates of 22 percent or less for the second quarter this year. Lower taxes helped smooth over earnings rough spots....
2019-07-18, 07:13

Flooding in Arkansas, Oklahoma pushes river past its banks After days of storms in the midwest, the Arkansas River reached 45.86 feet, just under the 1943 record of 48.3 feet.        ...
2019-05-27, 22:26

Saudi Aramco asks banks to pitch for roles in IPO: sources Saudi Aramco has formally asked major banks to submit proposals for potential roles in its planned initial public offering, two sources said, in what could be the world's biggest IPO....
2019-08-19, 21:26

UPDATE 2-Nigeria orders banks to lend or face sanctions Nigeria's central bank will try to force banks to lend more or face higher cash reserve requirements, part of a series of measures aimed at reviving an economy stuck with low growth....
2019-07-05, 17:00

EU gives Nigel Farage 24 hours to explain Arron Banks funds European parliament summons Brexit party leader over failure to declare expensesNigel Farage has been given 24 hours by the European parliament to explain in person his failure to declare lavish expenses funded by Arron Banks, an insurance tycoon under investigation by the UK’s National Crime Agency...
2019-06-04, 23:39

Why Polish Banks Face a Reckoning Over Franc Loans: QuickTake It was too good a deal to pass up. Starting more than a decade ago, Poles got the chance to take out mortgages denominated in Swiss francs with interest rates less than half the prevailing level for loans in Polish zloty. More than a million people jumped at the opportunity. Then in 2015, the Swiss ...
2019-09-03, 09:52

Exclusive: Banks face new challenges in Italian diamond scandal A long-running criminal probe into diamond sales by Italian banks has uncovered what prosecutors say is further evidence of corruption by officials at UniCredit, Italy’s largest lender, and smaller rival Banco BPM....
2019-06-17, 10:39

Arron Banks threatens Netflix over Great Hack documentary Legal threat comes as campaigners warn UK government that courts are being used to intimidate journalistsLetter: press freedom campaigners call for action on ‘vexatious lawsuits’ Related: The Great Hack: the film that goes behind the scenes of the Facebook data scandal The businessman Arron Banks an...
2019-07-20, 20:39

Banks Hand Over Documents on Russians Possibly Linked to Trump Major Wall Street banks have given congressional committees investigating President Trump thousands of pages of documents related to Russians who may have had dealings with the president, his family or his business, people familiar with the congressional probes said....
2019-08-08, 14:39

New York Subpoenas Banks and Financial Advisers for Sackler Records The state claims that the Purdue Pharma owners transferred billions of dollars from the company and hid them in offshore partnerships and other entities....
2019-08-16, 14:00

Huawei CEO says banks knew about the company's allegedly criminal activities In an interview with CNBC, Huawei's CEO said the banks at the center of the controversy surrounding his company's activities knew what was happening...
2019-06-19, 22:26

RBI Moves Unlikely To Ease Pain For Struggling Shadow Banks: Experts NBFC's have been battling a credit crunch since IL&FS, or Infrastructure Leasing & Financial Services, collapsed in late 2018 amid fraud allegations....
2019-08-07, 17:52

Government Needs To Encourage Banks To Lend To Realty Developers: Experts Experts say growth in the real estate sector seems stagnant and immediate solutions are not expected, however the government is urged to take steps to boost liquidity....
2019-06-19, 14:52

RPT-Mexican banks report failures in processing card payments Several of Mexico's largest banks reported on Saturday that they were experiencing problems processing debit and credit card payments while some shops in the capital informed customers that they would only accept cash payments....
2019-08-11, 05:00

Banks to Use Bitcoin-Like Token to Settle Cross-Border Trades A group of financial firms led by UBS plans to start using a bitcoin-like token to settle cross-border trades, one of the biggest developments yet in the effort to make use of nascent blockchain technology....
2019-06-03, 12:52

North Korea denies it amassed $2 billion through cyberattacks on banks North Korea denied on Sunday allegations that it had obtained $2 billion through cyberattacks on banks and cryptocurrency exchanges, and accused the United States for spreading rumors....
2019-09-01, 17:00

Dorian grazes Carolina coast, aims for Outer Banks Hurricane Dorian is raking the Carolina coast with howling, window-rattling winds and sideways rain, spinning off tornadoes and knocking out power to more than 200,000 homes and businesses. (Sept. 5)        ...
2019-09-06, 05:52

McIlroy banks $15 million with Tour Championship, FedEx Cup wins Victory at the Tour Championship in Atlanta on Sunday will not completely erase the disappointment of a futile season at the majors for Rory McIlroy, but it may be worth far more than the $15 million he received for winning the FedEx Cup....
2019-08-26, 05:39

CEE home team advantage: The rise of the local investment banks Since 2008, rising local players have gained the upper hand over risk-averse global investment banks in emerging Europe as the flow of larger deals has declined, but that could change as regional firms start to flex their muscles on the global stage and China looms large....
2019-05-21, 18:52

Residents of North Carolina’s Outer Banks brace for Dorian After triggering tornadoes in South Carolina, Hurricane Dorian was closing in for a possible direct hit Friday on North Carolina’s Outer Banks, a string of low-lying islands...
2019-09-06, 08:13

Bangladesh rivers break their banks, forcing 400,000 to flee homes Rain-swollen rivers in Bangladesh broke through at least four embankments, submerging dozens of villages and doubling the number of people fleeing their homes overnight to 400,000 in one of the worst floods in recent years, officials said on Friday....
2019-07-19, 13:13

RBI Holds Meeting Over Coin-Storage Crisis Of Banks In Shirdi The Reserve Bank of India has instructed nationalised banks to continue to accept coins deposited by the Saibaba temple at Shirdi in Maharashtra, the temple's managing body said Wednesday....
2019-06-20, 04:13

Therapy in the office: banks take mental health fight in-house In 'Billions', a U.S. television show set in the world of hedge funds, traders at the fictional Axe Capital regularly attend sessions with an in-house psychiatrist....
2019-06-03, 09:39

Swiss regulator fines banks for fixing forex trading Five banks have been fined a total of 90 million Swiss francs ($90.53 million) for colluding to rig the foreign exchange market, Switzerland's competition authority said on Thursday....
2019-06-06, 10:52

UPDATE 5-Mexico unveils Pemex business plan, but banks underwhelmed Mexico on Tuesday unveiled parts of a keenly awaited business plan meant to bring the world's most indebted oil company back from the abyss, but its vow of $7.2 billion in government support failed to dispel worries of a ratings downgrade....
2019-07-17, 03:52

U.S. banks clear first hurdle of Federal Reserve's annual stress test The 18 largest banks operating in the United States took the first step toward doling out capital on dividends, share buybacks and other investments on Friday, after clearing the first stage of their yearly health checks with the U.S. Federal Reserve....
2019-06-21, 23:52

AI IN BANKING: Artificial intelligence could be a near $450 billion opportunity for banks — here are the strategies the winners are using This is a preview of the AI IN BANKING research report from Business Insider Intelligence. 14-Day Risk Free Trial: Get full access to this and all Fintech industry research reports. Discussions, articles, and reports about the AI opportunity across the financial services industry continue to proli...
2019-07-23, 13:13

Investors with 'smoking gun' can sue banks for Fannie, Freddie bond rigging -US judge Citing "the rare smoking gun," a federal judge said investors may sue five big banks for conspiring to rig prices on hundreds of billions of dollars of bonds issued by mortgage financiers Fannie Mae and Freddie Mac over seven years....
2019-09-04, 17:52

Banks in Hong Kong condemn violence, urge restoration of 'harmony' Some of Hong Kong's biggest banks published full-page newspaper advertisements on Thursday calling for the preservation of law and order in the Chinese territory and condemning violence, as weeks of pro-democracy protests show no sign of abating....
2019-08-22, 05:39

FOCUS-Xiaomi banks on phone data for finance play in India China's Xiaomi is poised to launch a consumer lending business in India in the coming weeks, making an ambitious tilt at the booming financial services market where data privacy concerns and fierce competition present formidable challenges....
2019-08-23, 10:00

Crisis Among Shadow Banks Pushes Up Funding Costs Overseas: Report India's slowest economic growth in six years has prompted predictions for deeper interest-rate cuts, but that's yet to translate into easier borrowing conditions at home for the shadow lenders....
2019-09-04, 07:00

Judith Kerr was both sweetness and steel – and I'll miss her | Nancy Banks-Smith She was as dedicated to her work as she was to her family, right to the end. And no one could draw a tiger’s smile quite like her, remembers Nancy Banks-Smith• Share your tributes and memories of Judith KerrWhen I went to interview Nigel Kneale about Quatermass he would keep talking about his wife. ...
2019-05-23, 19:52

RPT-WRAPUP 1-Canadian banks brace for tougher times as 'Goldilocks' era winds down Canadian banks face challenging times as souring macroeconomic conditions and trade uncertainties increase lending risk and weigh on profit margins, investors and analysts said on Thursday after major lenders wrapped up their quarterly earnings season....
2019-08-30, 14:26

Italian Banks, Long a Drag on Europe, Are Making Good on Bad Loans Italian banks have made a big leap forward in tackling a crucial problem that has dogged them for years and threatened the stability of the whole eurozone: bad loans....
2019-08-09, 23:00

WRAPUP 1-Canadian banks brace for tougher times as 'Goldilocks' era winds down Canadian banks face challenging times as souring macroeconomic conditions and trade uncertainties increase lending risk and weigh on profit margins, investors and analysts said on Thursday after major lenders wrapped up their quarterly earnings season....
2019-08-29, 22:52

FDIC Plan Would Ease Requirement for Banks Selling Mortgage Securities The regulator proposed easing a hurdle for banks to sell pools of home-mortgage obligations, as part of an effort to spur competition in a market dominated by government-backed entities such as Fannie Mae and Freddie Mac....
2019-07-16, 22:52

Buy large banks, semis and energy for strong 4th-quarter move: Investing pro CNBC's "Power Lunch" team talks about how markets are trading with Mark Luschini of Janney Montgomery Scott and Jerry Castellini, president and CIO of CastleArk Management....
2019-09-14, 11:00

UPDATE 4-Mexico unveils Pemex business plan, but banks underwhelmed Mexico on Tuesday unveiled parts of a keenly awaited business plan meant to bring the world's most indebted oil company back from the abyss, but its vow of $7.2 billion in government support failed to dispel worries of a ratings downgrade....
2019-07-17, 01:39

Budget 2019: Centre To Pump In Rs 70,000 Crore In State-Owned Banks To strengthen financial health of public sector banks (PSBs), Finance Minister Nirmala Sitharaman Friday said the government will pump in Rs 70,000 crore to boost their lending capacity....
2019-07-06, 00:39

Budget 2019: Government Announces Steps To Revive Shadow Banks In her first Budget speech, Ms Sitharaman said, "For purchase of high-rated pooled assets of financially sound NBFCs, amounting to a total of 1 lakh crore during the current financial year, government......
2019-07-05, 14:39

Dapper ‘Burberry Bandit’ back robbing Manhattan banks: cops Manhattan’s “Burberry Bandit” is back. It’s only been five months since dapper robber Cornell Neilly was paroled from prison, but cops say he’s already back hitting banks. Neilly, 38, has been linked to seven Manhattan bank robberies in the two weeks from June 22 to Jul...
2019-07-06, 06:39

UPDATE 2-Oman hires banks for dollar bond after cutting deficit The government of Oman has hired banks ahead of a planned issue of U.S. dollar bonds, its first this year, as the junk-rated country seeks to cover its budgetary needs....
2019-07-24, 12:52

Eye of Hurricane Dorian grazes North Carolina, floods Outer Banks Hurricane Dorian briefly made landfall on the Outer Banks of North Carolina on Friday, hitting the beach resort with powerful winds and battering waves days after reducing parts of the Bahamas to rubble....
2019-09-06, 20:26

European banks have paid over 20 billion euros to the ECB since negative interest rates European banks have transferred 21.4 billion euros ($24.2 billion) in revenues to the European Central Bank (ECB) in the five years since negative interest rates were introduced....
2019-06-10, 21:13

Kering crown jewel Gucci banks on high-end gems for growth Gucci, the luxury brand that powers most of parent Kering's profits, made its first steps in high-end jewelery on Tuesday with a dedicated store in Paris - part of its bid to expand its reach after a blowout fashion makeover....
2019-07-02, 22:39

INSIGHT-Wall Street banks bailing on troubled U.S. farm sector In the wake of the U.S. housing meltdown of the late 2000s, JPMorgan Chase & Co hunted for new ways to expand its loan business beyond the troubled mortgage sector....
2019-07-11, 13:39

US banks could face the same pressures as European counterparts, SocGen chairman warns A Federal Reserve rate cut could lead to the same challenges for Wall Street lenders that European banks have been dealing with, Lorenzo Bini Smaghi said....
2019-07-06, 16:13

Brazil's Banco Inter hires banks for share offering: source Brazilian digital lender Banco Inter SA has hired the investment banking units of JPMorgan, Banco BTG Pactual, Bradesco BBI, Goldman Sachs and Santander to manage a 1 billion reais ($263 million) share offering, one source with knowledge of the matter said....
2019-07-04, 15:39

Determined Aldis Hodge got buff in hopes of playing ‘Brian Banks’ After his first audition for the film “Brian Banks,” actor Aldis Hodge wanted the meaty title role badly. So before going in for a callback, he began preparing for the part as though he’d already landed it, hitting the gym to bulk up to the real-life Banks’ size. “I was just like, ‘I hope things......
2019-08-09, 21:39

At Banks and Fund Firms, Access Is Too Often Denied, Blind and Deaf Investors Say Workers with sensory challenges face an array of digital obstacles to managing their retirement accounts and have sued to ensure banks’ websites comply with federal disability law....
2019-08-04, 12:39

Save a bundle on these charging cables, power banks and smartphone accessories Why does it seem like the more advanced phones become, the quicker they die? Just look through all the screenshots you’ve taken lately. Ten bucks says your battery percentage is abysmal in each one. And it definitely doesn’t help that Apple supplies the worst standard cables ever. Fortunately, there...
2019-08-29, 18:13

Arron Banks jokes about Greta Thunberg and 'freak yachting accidents' MPs, celebrities and academics criticise ‘disgraceful’ comment by Brexit backer Arron Banks has been criticised after he appeared to wish harm upon Greta Thunberg as the 16-year-old activist set sail across the Atlantic in a solar-powered yacht on a zero-carbon two-week voyage.The controversial Brex...
2019-08-15, 03:13

Slovenian banks increase first-quarter profit slightly, bad loans fall Slovenian banks made a combined net profit of 130.2 million euros ($145.63 million) in the first quarter of 2019, up from 128.8 million a year ago, the Bank of Slovenia said in a monthly report on Tuesday....
2019-05-28, 15:00

Chinese Banks Demand $2.1 Billion From Embattled Anil Ambani's Firm Anil Ambani's older sibling and Asia's richest man Mukesh Ambani's Reliance Jio Infocomm Ltd. had earlier offered to purchase RCom's assets in a Rs 17,300-crore deal, which would have helped partly......
2019-06-18, 08:52

MOVES-Credit Suisse hires banks dealmaker Wiant from Lazard Credit Suisse Group AG has hired Jerry Wiant as a managing director and head of American Banks coverage team, according to an internal memo seen by Reuters....
2019-07-19, 19:00

Big banks are launching a blockchain trade platform powered by ‘Bitcoin-like’ token The banking industry is hell-bent on taking over the nascent blockchain and cryptocurrency market. A group of financial firms led by UBS Group AG is eyeing blockchain technology for settling cross-border trades worldwide with its own “Bitcoin-like” token. The 14 firms – including Barclays, Nasdaq, C...
2019-06-03, 15:52

UPDATE 2-Swiss regulator fines banks for fixing forex trading Five banks have been fined a total of 90 million Swiss francs ($90.5 million) for colluding to rig the multi-trillion dollar foreign exchange market, Switzerland's competition authority said on Thursday....
2019-06-06, 11:01

Major banks set new lending standards for shipping industry in order to cut CO2 emissions Eleven banks that lend to shipping lines on Monday said climate impact will be integrated into the criteria that determines how much they can borrow....
2019-06-18, 01:00

Hong Kong digital banks launch may face delays due to protests Most of the eight newly licensed digital banks in Hong Kong, including joint ventures involving Standard Chartered and Bank of China Hong Kong, had aimed to begin operating before the end of 2019....
2019-09-17, 08:00

Sasha Banks attacks Natalya and Becky Lynch in surprising WWE return The Boss is back in WWE. Sasha Banks on Monday made a surprise return to Raw, ending a four-month hiatus which reportedly began over creative frustrations. And she made an immediate impact. The Toronto crowd was shocked when Banks’ music hit as Natalya, sporting a sling after her SummerSlam ma...
2019-08-13, 17:39

China's PBOC cuts reserve ratio for banks as economy stalls China's People's Bank of China (PBOC) announced Friday that it was reducing the amount of funds banks have to hold in reserve, an effort to further stimulate the economy....
2019-09-06, 13:26

Dutch fashion retailer C&A hires banks for Brazilian subsidiary IPO-paper Cofra Holdings, the controller of Dutch fast-fashion retailer C&A, has hired six banks to manage an initial public offering (IPO) of its Brazilian subsidiary, newspaper Valor Economico reported on Friday, citing two unnamed sources....
2019-08-23, 17:00

Senate passes sanctions on North Korea that target Chinese banks The United States Senate passed a bill on Thursday that would strengthen sanctions on North Korea, particularly targeting Chinese banks that work with Pyongyang to skirt existing restrictions....
2019-06-28, 07:13

UPDATE 3-Major U.S. banks lower benchmark interest rates following Fed rate cut Major U.S. banks lowered their benchmark rates for a wide range of consumer and commercial loans on Wednesday, following a rate cut from the Federal Reserve....
2019-08-01, 01:26

Barclays, Citigroup and JP Morgan among banks fined $1.2 billion for forex rigging Barclays, Citigroup, J.P. Morgan, MUFG and Royal Bank of Scotland have been fined a total of $1.2 billion by EU regulators for rigging the forex market....
2019-05-21, 21:00

Exclusive: High-security locks for government and banks hacked by researcher Hackers could crack open high-security electronic locks by monitoring their power, allowing thieves to steal cash in automated teller machines, narcotics in pharmacies and government secrets, according to research to be presented Friday at the annual Def Con hacking conference in Las Vegas....
2019-08-06, 22:39

Money In Swiss Banks: India Slips To 74th Place, UK Remains On Top India has moved down one place to 74th rank in terms of money parked by its citizens and enterprises with Swiss banks, while the UK has retained its top position, as per data released by the central......
2019-06-30, 09:52

Halep banks on child-like enthusiasm to retain French Open crown Simona Halep will channel her inner child when she begins her French Open title defense against Ajla Tomljanovic on Tuesday having vowed to enjoy herself in the absence of the stifling pressure of previous campaigns in Paris....
2019-05-28, 11:39

Wall St. slips; banks fall with prospect of rate cut, energy drops Wall Street ended down slightly on Wednesday, with bank stocks declining as prospects of a U.S. interest rate cut rose and energy shares tumbling along with oil prices....
2019-06-12, 22:52

German banks are in a much worse position than the rest of Europe, Citi analyst says German lenders are in a uniquely dangerous position compared to their European counterparts, according to Ronit Ghose, global head of banks research at Citi....
2019-08-16, 12:52

Argentines wait at banks to withdraw cash as currency controls kick in In the early hours of Monday morning in Buenos Aires, before banks had opened their doors, winding lines of customers waited to withdraw savings after Argentina's government imposed capital controls restricting dollar purchases and transfers....
2019-09-03, 10:26

Hurricane Dorian swipes North Carolina, Outer Banks island floods Hurricane Dorian briefly made landfall on the Outer Banks of North Carolina on Friday, hitting the beach-fringed barrier islands with powerful winds and battering waves days after reducing parts of the Bahamas to rubble....
2019-09-07, 00:26

Australian regulator threatens action on banks over past consumer insurance sales Australia's corporate regulator threatened on Thursday to prosecute some of the country's largest banks over their sales earlier this decade of consumer insurance products that it said had harmed customers....
2019-07-11, 05:39

Banks are paying people to borrow money. That’s alarming news for the global economy. Some investors are so nervous about the future that they’re willing to lose a little money by lending it to a borrower that is almost certain to pay it back, rather than risk betting on something that could go bust....
2019-08-14, 17:13

Trump appeals ruling allowing banks to hand his financial records to Congress U.S. President Donald Trump, three of his children and the Trump Organization on Friday appealed a court order allowing Deutsche Bank AG and Capital One Financial Corp to hand their financial records over to Democratic lawmakers....
2019-05-24, 18:13

More Americans are finally moving cash to online banks for higher interest rates More Americans are moving their cash to online banks to earn interest of 2% or more. But many feel more comfortable with a local branch        ...
2019-05-23, 13:26

Hurricane Dorian hits Outer Banks: How mid-Atlantic tourist spots are being affected Now that Hurricane Dorian has finally made landfall, here's what's happening in the mid-Atlantic region this weekend.       ...
2019-09-07, 15:52

Sensex, Nifty Erase Gains Ahead Of Derivatives Expiry; PSU Banks Drag The NSE Nifty benchmark index moved in a range of 104.6 points, between 11,361.40 and 11,256.80 at the strongest and weakest levels respectively in the day....
2019-07-25, 09:39

S&P ends near flat as Citigroup results sink banks; Nasdaq hits new high The benchmark S&P 500 index ended little changed on Monday after oscillating between positive and negative territory throughout the session after Citigroup Inc kicked off the earnings season with a mixed quarterly report....
2019-07-16, 07:26

UPDATE 1-U.S. banks clear first hurdle of Federal Reserve's annual stress test The 18 largest banks operating in the United States took the first step toward doling out capital on dividends, share buybacks and other investments on Friday, after clearing the first stage of their yearly health checks with the U.S. Federal Reserve that assess their ability to weather a major econ...
2019-06-21, 23:52

Charges Levied By Banks For Real-Time Gross Settlement (RTGS) Payments Recently, the Reserve Bank of India (RBI) - which manages the RTGS payments system - has announced an extension in the timings applicable to RTGS transfers by one-and-a-half hours....
2019-05-29, 16:01

U.S. banking regulator proposes easing post-crisis derivatives rules for big banks A U.S. banking regulator Tuesday proposed easing a post-credit crisis rule on how much cash big banks should set aside to safeguard derivatives trades between affiliates, marking one of the biggest wins for Wall Street lenders under the Trump administration....
2019-09-17, 19:52

JP Morgan, Banks Helped Amrapali Group Divert Funds: Supreme Court The court on Tuesday ordered the federal anti-money laundering agency to investigate Amrapali, based in Noida, for diverting funds overseas with the help of JPMorgan and others....
2019-07-24, 14:52

RPT-Banks re-open as Hong Kong returns to normal ahead of weekend protest Police kept a close watch over central Hong Kong on Friday as the Asian financial hub returned to normalcy, with banks re-opening branches closed during violent protests against a proposed extradition bill with mainland China....
2019-06-14, 07:52

Federal judge rules banks must comply with subpoenas for Trump financial records A federal judge in New York ruled Wednesday that two banks that did business with President Trump must comply with congressional subpoenas seeking access to his financial records. ...
2019-05-22, 23:52

Banks re-open as Hong Kong returns to normal ahead of weekend protest Police kept a close watch over central Hong Kong as the Asian financial hub returned to normalcy on Friday, with banks re-opening branches closed during violent protests against a proposed extradition bill with mainland China....
2019-06-14, 05:52

Record low rates deliver competitive advantages to Australia's biggest banks: regulator Australia's banking watchdog on Friday said record-low interest rates are likely to benefit the country's "Big Four" lenders over their smaller counterparts due to their better capital position and access to cheaper funds....
2019-09-13, 08:00

MIDEAST STOCKS-Banks lead most Gulf markets higher, Kuwait keeps rallying Major Gulf markets closed higher on Tuesday, mostly riding on banks after Egypt's EFG Hermes forecast a higher second-quarter profit for the Middle East's financial sector, while Kuwait continued to rise for a...
2019-07-09, 16:13

Asian banks face threat from profit plunge, digital rivals: McKinsey Asia-Pacific banks must radically reform and slash costs or else they will eventually be forced to put themselves up for sale, as rapidly increasing competition from technology firms moving into banking transforms the sector, consultancy McKinsey said....
2019-07-01, 22:00

CORRECTED-UPDATE 2-European stocks close tad higher, led by gains in banks, energy A rally in banking shares and other recently battered sectors such as oil and gas and automakers kept the mood buoyant in European stock markets on Tuesday, as investors speculated over policy measures by the European Central Bank later this week....
2019-09-10, 22:00

UPDATE 1-S.African tribunal says it can't charge foreign banks in rand-rigging case South Africa's antitrust tribunal concluded on Wednesday that it has no powers to charge foreign banks being investigated in an exchange-rate rigging case unless they have a presence in the country....
2019-06-12, 19:13

Bank of Japan's aggressive easing has created a tough environment for some banks: MUFG The BOJ's negative interest rate policy has given many financial firms a tough time, according to Mitsubishi UFJ Financial Group's Nobuyuki Hirano....
2019-06-07, 12:13

Global banks are cutting 30,000 jobs this year. It's a sign the banking crisis is only getting worse. Reuters Global investment banks have been suffering this year, with European banks being hit the hardest. As a result, nearly 30,000 jobs have been cut or are set to be cut across the sector. Deutsche Bank's radical overhaul of its business accounts for a large proportion of global cuts, but Barc...
2019-08-12, 11:52

Saudi Arabia hires banks for dual-tranche debut euro bond Saudi Arabia has hired a group of banks including Goldman Sachs and Societe Generale to arrange a global investor call ahead of an issuance of euro-denominated bonds, its first in that currency, a document issued by one of the banks leading the potential deal showed on Monday....
2019-07-01, 13:39

North Macedonia banks on medicinal cannabis growth to boost economy, exports Slave Ivanovski was among North Macedonia's biggest exporters of tomatoes and peppers until two years ago he switched to growing cannabis for medical use....
2019-09-17, 17:00

Banks call for order in Hong Kong as jewelers warn of trade fair dud Hong Kong banks published full-page newspaper ads calling for law and order in the Chinese-ruled city and international jewelers sought the rescheduling of a huge trade fair as weeks of pro-democracy protests showed no sign of let-up on Thursday....
2019-08-22, 15:13

Veteran NFL writer Don Banks dies after covering Pro Football Hall of Fame ceremony Don Banks, best known for his 17 years at Sports Illustrated, died in his sleep Sunday after just covering the Pro Football Hall of Fame ceremonies.       ...
2019-08-05, 08:13

Indian Banks Pursue Vijay Mallya In UK High Court For Assets Disclosure Two superyachts, a game reserve, numerous undeclared high-value and vintage cars, valuable paintings and a piano previously owned by Elton John are among the assets in contention as part of a latest......
2019-07-22, 22:52

From Banks’ Cathartic ‘Godless’ to Ed Sheeran and Stormzy’s Collaboration, These Are the 5 Songs You Need to Listen to This Weekend This week, Lil Nas X came through with a new remix of his long-lasting hit “Old Town Road,” now featuring Mason Ramsey (the Walmart yodel boy ) and rapper Young Thug. But if you want something new and different, look instead to Ed Sheeran‘s big new collaborative album featuring art...
2019-07-12, 21:13

Anil Ambani's Shipyard Risks Insolvency As Banks Spurn Debt Plan Any court ruling favoring the banks would deal another blow to the tycoon's stressed empire after his wireless carrier slipped into insolvency earlier this year....
2019-09-03, 11:52

Mastercard lets transgender users choose names on their cards (if banks agree) Mastercard, one of the two dominant U.S. payment networks, is introducing debit and credit cards that will let transgender users select whatever name they want — as long as the bank that issues the card and extends the accompanying credit line goes along....
2019-06-18, 05:26

Devendra Fadnavis Promoted Wife's Bank At Cost Of State Banks, Says Plea The Bombay High Court on Thursday sought the Maharashtra government's assistance on a petition against alleged transfer of accounts of police staff and others from public banks to Axis Bank, where the......
2019-08-30, 03:26

Major breach found in biometrics system used by banks, UK police and defence firms Fingerprints, facial recognition and other personal information from Biostar 2 discovered on publicly accessible databaseThe fingerprints of over 1 million people, as well as facial recognition information, unencrypted usernames and passwords, and personal information of employees, was discovered on...
2019-08-14, 20:13

Fed Stress Tests Find Top Banks Are Strong, Setting Stage for Wave of Payouts The Federal Reserve said the largest banks were generally well prepared to withstand a severe crisis, although Credit Suisse must improve its operations....
2019-06-27, 23:13

What's open and closed on July 4th: Mail, banks, and stores impacted by Independence Day As America celebrates the Fourth of July, the post office, DMV and most banks will be closed. Many stores and restaurants are open. Costco is closed.        ...
2019-07-04, 13:39

Argentina curbs banks' access to pesos amid growing market turmoil Argentina's battered bonds and currency were driven still lower on Friday amid downgrades by three credit rating agencies and a new measure the central bank said was designed to "avoid any lack of money" and safeguard the liquidity of the country's financial system....
2019-08-31, 02:00

Judge rules against Trump, paves way for banks to provide his business records to Congress U.S. President Donald Trump, three of his children and the Trump Organization on Wednesday lost their bid to block Deutsche Bank AG and Capital One Financial Corp from providing financial records to Democratic lawmakers investigating Trump's businesses....
2019-05-23, 01:00

Saudi Aramco lines up banks, eyes local listing this year: sources Saudi Aramco is expected to give lead roles to JPMorgan, Morgan Stanley and National Commercial Bank for its planned initial public offering (IPO), a source familiar with the transaction said....
2019-09-09, 13:39

Grab eyes Singapore banking license as regulator studies virtual banks Grab, Southeast Asia's most valuable start-up, is exploring a move into Singapore banking as regulators in the Southeast Asian city-state consider allowing online-only banks, four people with knowledge of the process said....
2019-06-12, 11:26

Turkish finmin: public banks' loan rate cut boosting construction sector -Twitter Turkey's finance minister said on Tuesday a loan rate discount from three public banks has lead to a record high demand for mortgage loans over the past two days, giving the construction sector an "anticipated" boost....
2019-08-06, 12:13

Lower fees, snazzy branches: Hong Kong banks gird for online-only onslaught Hong Kong's biggest banks are set to cut fees, boost digital services and jazz up branches with features such as touch-screen display panels to meet competition from new online-only lenders in one of the world's most profitable banking markets....
2019-08-14, 14:39

Banks readying 2.5 billion euro loan in TIM-Vodafone Italy tower deal: sources A group of banks is set to lend Telecom Italia unit INWIT up to 2.5 billion euros ($2.8 billion) to help it merge its towers with those of Vodafone, two sources said....
2019-07-01, 22:00

UPDATE 3-Top U.S. banks temper net interest income view, cite potential rate cuts U.S. bank executives struck a cautious tone on Monday as they updated investors on how lower interest rates and an inverted yield curve would affect the year's profits....
2019-09-10, 00:26

MIDEAST STOCKS-Banks halt Saudi gains, MSCI upgrade keeps Kuwait gaining Saudi Arabia's stock market snapped a five-day winning streak on Tuesday as most banks dropped, while Kuwait rose for a fourth straight session after MSCI announced it would upgrade Kuwaiti equities to its main emerging-markets index. The Saudi index was...
2019-07-02, 16:39

Brian Banks biopic puts spotlight on false rape allegations and the lives it destroys A promising high school football star, Brian Banks lost 11 years of his life after being wrongfully accused of rape by a fellow Long Beach Poly student in 2002 and persuaded to plead no contest in a California court at just 17 years old....
2019-08-10, 01:39

UPDATE 1-Saudi Arabia hires banks for dual-tranche debut euro bond Saudi Arabia has hired a group of banks including Goldman Sachs and Societe Generale to arrange a global investor call ahead of an issuance of euro-denominated bonds, its first in that currency, as the kingdom seeks to diversify its investor base....
2019-07-01, 13:39

Tyra Banks' Top Model meltdown is now a sick house track courtesy of King Princess Memes come and go at a very fast pace, but some stand the tests of time and never get old. Tyra Banks has proven to be one of those memes—quite a few times, actually—with her unpredictable behavior on America’s Next Top Model. There’s that time she fainted in front of the girls. There’s also the “bu...
2019-05-21, 15:13

What's open and closed Memorial Day 2019: Mail, banks, and stores impacted by the holiday As America celebrates Memorial Day on Monday, May 27, 2019, most government offices and some private businesses will be closed.        ...
2019-05-27, 10:52

Wall Street banks are bailing on troubled American farmers amid US-China trade war In the wake of the US housing meltdown of the late 2000s, JPMorgan Chase & Co hunted for new ways to expand its loan business beyond the troubled mortgage sector....
2019-07-11, 18:00

Opiate tycoons stashed $1 billion in Swiss banks amid probe: Court files The Sackler family, which owns OxyContin maker Purdue Pharma, is believed to have transferred about $1 billion (€900 million) to themselves, including to their Swiss bank accounts, court papers showed....
2019-09-14, 08:26

UPDATE 1-European shares edge higher, Deutsche Bank rally lifts banks European shares reversed course from early losses to trade marginally higher on Monday, boosted by German lender Deutsche Bank's major overhaul and on positive developments in the U.S.-China trade talks....
2019-07-08, 11:26

UPDATE 6-Judge rules against Trump, paves way for banks to provide his business records to Congress U.S. President Donald Trump, three of his children and the Trump Organization on Wednesday lost their bid to block Deutsche Bank AG and Capital One Financial Corp from providing financial records to Democratic lawmakers investigating Trump's businesses....
2019-05-23, 01:26