700CLUBNEWS.COM: Latest News of The Day 15:34, 2019-08-14

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....

Warren Buffett Is a Huge Backer of U.S. Banks

Source: wsj.com

Would Warren Buffett Buy Greenland? As far as we know, President Trump hasn’t contacted Warren Buffett on the question of what price he should put on Greenland, much less negotiating tips. But one of Mr. Buffett’s earliest letters to investors has an interesting way to think about such outlays....
01:00, 2019-08-31

Warren Buffett donates $3.6 bln to Gates' and family charities Warren Buffett is donating roughly $3.6 billion of Berkshire Hathaway Inc stock to five charities, including the Bill & Melinda Gates Foundation, the biggest contribution in Buffett's plan to give away his fortune....
16:34, 2019-07-01

Carl Icahn calls out Warren Buffett over oil deal Billionaire investor Carl Icahn is furious over the generous terms Warren Buffett received when he came to the aid of Occidental Petroleum's bidding war with Chevron....
06:51, 2019-07-23

Warren Buffett took Occidental CEO ‘to the cleaners’: Carl Icahn Occidental Petroleum allowed itself to be played by the Oracle of Omaha so top brass could hold onto their jobs, billionaire investor Carl Icahn alleged Monday. Icahn, who has railed against the oil company’s “risky” merger plans, says Occidental Chief Executive Vicki Hollub was out of her league in...
06:17, 2019-07-23

Warren Buffett Is Buying Bank Stocks. Why Aren’t Others? Growth is slowing, worries of a recession are rising and the Fed just cut interest rates. Wall Street analysts expect lower rates to crimp banks’ profitability....
13:00, 2019-08-19

Warren Buffett donates $3.6bn to Gates' and family charities Donation is biggest in billionaire’s plan to give away fortuneBill & Melinda Gates Foundation receives 80% of shares giftWarren Buffett is donating roughly $3.6bn of Berkshire Hathaway stock to five charities including the Bill & Melinda Gates Foundation, the biggest contribution in Buffett’s plan t...
00:00, 2019-07-02

A Warren Buffett protege is leaving to start her own Berkshire Tracy Britt Cool is leaving the firm after a decade to start a company that replicates Warren Buffett's business model, the Wall Street Journal reported....
23:00, 2019-09-18

Who Cancels Lunch With Warren Buffett? A Chinese Tycoon Did, but Why? Justin Sun denied reports that he had postponed a charity lunch with the investing guru after attracting regulatory scrutiny. In China, where executives sometimes vanish, such reports are not unusual....
22:17, 2019-07-24

Warren Buffett Likes 'Wide Moat' Stocks. Should You? Investors love the idea of investing in companies with the best brands, reputations and competitive advantages. That has a downside, research suggests....
12:00, 2019-06-10

Warren Buffett To Donate Over $3 Billion Of His Fortune To 5 Charities Warren Buffett said Monday he plans to donate $3.6 billion of Berkshire Hathaway stock to five charities - one of his largest gifts ever - while Walmart heir Jim Walton gave away $1.2 billion of the......
18:34, 2019-07-01

19 books billionaire Warren Buffett thinks everyone should read Getty Images / Matthew Peyton Warren Buffett, CEO of Berkshire Hathaway, loves to read. When he began his investing career, he would read 600 to 1,000 pages a day. According to Berkshire Hathaway's shareholder letters and over two decades of interviews, these are the books that have guided Buffett...
14:51, 2019-05-21

It's not just Warren Buffett who's bullish on post-Brexit Britain A majority of wealthy U.K.-based investors see an economic upside for the U.K. despite uncertainty surrounding its withdrawal from the EU, according to a new quarterly survey by UBS....
16:34, 2019-05-21

Crypto Promoter Wins Bidding War for Lunch With Warren Buffett Blockchain entrepreneur and cryptocurrency promoter Justin Sun won the charity auction to have lunch with billionaire investor and bitcoin skeptic Warren Buffett....
00:51, 2019-06-04

Hedge fund investor Tarrant, who bet with Warren Buffett, dies Investor Jeffrey Tarrant, whose firm Protege Partners backed billionaire managers including William Ackman and Marc Lasry early in their careers and made a bet with Warren Buffett that hedge funds......
08:34, 2019-08-08

Carl Icahn says Warren Buffett's Occidental deal is a 'travesty' Billionaire investor Carl Icahn is furious over the generous terms Warren Buffett received when he came to the aid of Occidental Petroleum's bidding war with Chevron....
02:17, 2019-07-23

Want to invest like Warren Buffett? Here are the ins and outs of buying preferred stock Warren Buffett's latest deal involves the preferred stock of Occidental Petroleum. Here's what that means and when it could be a good option for you....
15:17, 2019-05-21

Warren Buffett donates $3.6 billion to Gates' and family charities Warren Buffett is donating roughly $3.6 billion of Berkshire Hathaway Inc stock to five charities, including the Bill & Melinda Gates Foundation, the biggest contribution in Buffett's plan to give away his fortune....
17:17, 2019-07-01

Warren Buffett's charity lunch with cryptocurrency entrepreneur postponed Cryptocurrency entrepreneur Justin Sun has postponed his $4.57 million charity lunch with Warren Buffett due to ill health, according to a tweet from Sun's TRON Foundation....
09:51, 2019-07-23

Billionaire Warren Buffett to donate $3.6B in shares to five foundations, including Gates Warren Buffett said he will donate $3.6 billion worth of Berkshire Hathaway shares to five foundations, including the Bill & Melinda Gates Foundation.       ...
17:51, 2019-07-01

Warren Buffett has kept the same investing philosophy for decades, early interview shows In perhaps Buffett's first televised profile, he explained a method of investing that prioritizes bargains and makes use of an occasional baseball analogy....
16:51, 2019-09-22

Warren Buffett's charity lunch postponed after cryptocurrency promoter falls ill The cryptocurrency entrepreneur Justin Sun postponed his $4.57 million charity lunch with Warren Buffett after falling ill with kidney stones, according to a statement from a foundation he backs....
22:51, 2019-07-23

Warren Buffett charity lunch fetches record $4.57 million winning bid An anonymous bidder has agreed to pay a record $4,567,888 at an annual charity auction to have a private lunch with Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc . The winning bid, which was submitted during a five-day online auction on eBay that ended Frida...
18:34, 2019-06-01

Crypto Promoter Justin Sun Postpones Charity Lunch With Warren Buffett Cryptocurrency investor Justin Sun, who paid a record $4.6 million in a charity auction to have lunch with Warren Buffett, abruptly postponed his meeting with the billionaire investor this week citing a health condition....
15:17, 2019-07-23

Warren Buffett says to avoid making this mistake when teaching your kids about money If there’s someone you would want money advice from, it’s probably Warren Buffett. And he has revealed the #1 mistake parents make when teaching their kids about money. Buzz60's Susana Victoria Perez has more.       ...
21:17, 2019-08-02

Warren Buffett lunch commands record $3.5 million as charity auction nears homestretch The cost of a private lunch with Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc, sat at a record $3,500,100 on Thursday afternoon, with a day to go in an annual charity auction....
21:00, 2019-05-30

Moonday Mornings: Justin Sun reportedly invited Donald Trump to Warren Buffett lunch Every Monday, we round up important cryptocurrency and blockchain news that you might’ve missed while you’ve been out socializing/spending time with your loved ones/inhaling macaroni and cheese while you binge-watch some Netflix bullshit. Here’s this week’s edition. Enjoy! 1. South Korean electronic...
16:00, 2019-09-09

Take a peek at the 5 mansions, condos, and villas bought by the couple who allegedly scammed Warren Buffett Zalanta A couple accused of scamming Warren Buffett's Berkshire Hathaway conglomerate in a "Ponzi-type" scheme splurged more than $40 million on real estate, according to federal investigators. Jeff and Pauline Carpoff used funds from the fraud to buy a Las Vegas mansion, a pair of condos in Lake T...
02:34, 2019-06-12

Warren Buffett denies tensions with his partner in troubled Kraft Heinz, supports new Kraft CEO Buffett says he has no tensions with 3G Capital, Berkshire Hathaway's partner in troubled Kraft Heinz. 3G co-founder Jorge Paulo Lemann is "a good friend," he adds....
20:17, 2019-06-27

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...
21:17, 2019-09-15

Elizabeth Warren reveals plan to rein in Wall Street, big banks Democratic president hopeful Elizabeth Warren targeted Wall Street corruption, income inequality and private equity "vampires" with her latest proposal....
18:34, 2019-07-18

2020 candidate Elizabeth Warren unveils plan to rein in Wall Street, big banks Democratic presidential hopeful Elizabeth Warren unveiled her vision Thursday for reining in Wall Street corruption, income inequality and private equity "vampires."...
20:17, 2019-07-18

Elizabeth Warren Got Into a Huge Fight With Trump's Defense Secretary Pick Sen. Elizabeth Warren’s numbers in presidential polling have been on the up and up since a solid debate performance last month. But on Tuesday morning, her attention was locked in on Mark Esper and his confirmation hearing to be Donald Trump’s pick to head the Department of Defense....
23:00, 2019-07-16

Why Jacoby Brissett has a big backer in Bill Parcells Two years ago, when the Colts acquired quarterback Jacoby Brissett from the Patriots in a trade, I spoke to Bill Parcells about it, and he gushed about Brissett. He compared the QB to Curtis Martin, Troy Brown and Willie McGinest — three of Belichick’s former players whose character he embraced as m...
12:34, 2019-09-08

Brexit backer vying to lead UK talks getting tough with EU British politician Boris Johnson, current favorite to be U.K.;s next prime minister, has stepped up his talk about getting tough with the European Union on Brexit...
01:00, 2019-06-10

Backer of Georgia abortion bill announces bid for Congress ATLANTA (AP) — When Gov. Brian Kemp signed Georgia’s “heartbeat” abortion ban into law on May 7, one of the most high-profile women by his side was Republican state Sen. Renee Unterman, who proudly donned a baseball cap reading “PRO LIFE.” Unterman announced Thursday ev...
02:34, 2019-06-07

The Latest: Georgia abortion bill backer to run for Congress ATLANTA (AP) — The Latest on a Congressional bid by a backer of Georgia’s abortion ban (all times local): 8:25 p.m. One of the primary backers of Georgia’s abortion ban has announced she will run for Congress. State Sen. Renee Unterman’s candidacy is likely to bring abortion rights...
02:34, 2019-06-07

Powerhouse law firm is the biggest backer of de Blasio’s White House bid A politically connected law firm that was a big winner in the city’s decision to reform stop-and-frisk policies is leading the charge to fund Mayor Bill de Blasio’s long-shot bid for the White House. At least 52 employees from the powerhouse firm of Paul, Weiss, Rifkind, Wharton & Garrison combined ...
03:00, 2019-07-19

Palmer Luckey: I left Facebook enraged, but Zuckerberg is VR’s top backer Oculus's founder says he had hate and rage in his heart after leaving Facebook, yet continues to back the company because of its strong support for VR.Read More...
00:34, 2019-05-24

Renee Unterman, Primary Backer of Georgia Abortion Bill, Announces Bid for Congress (ATLANTA) — When Gov. Brian Kemp signed Georgia’s “heartbeat” abortion ban into law on May 7, one of the most high-profile women by his side was Republican state Sen. Renee Unterman, who proudly donned a baseball cap reading “PRO LIFE.” Unterman announced Thursday...
16:34, 2019-06-07

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....
22:17, 2019-06-16

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....
17:00, 2019-07-08

Trump, Warren host massive rallies -- but 'anybody' can get Warren's crowds, Trump insists President Trump and Democratic contender Elizabeth Warren hosted dueling rallies on Monday that attracted massive crowds, setting off a war of words between the two candidates that underscored rising national enthusiasm heading into the 2020 election....
04:51, 2019-09-18

Anonymous bidder offers more than $4.5M to dine with Buffett OMAHA, Neb. (AP) — An anonymous bidder has offered more than $4.5 million to have a private lunch with billionaire investor Warren Buffett, shattering the previous record of nearly $3.5 million set in 2012 and 2016. An online auction that raises money for the Glide Foundation’s work to help th...
22:34, 2019-06-01

Sideways: Buffett and Icahn – old dogs stick to old tricks Veteran investor Carl Icahn has filed a lawsuit accusing Occidental Petroleum chief executive Vicki Hollub of being played by Warren Buffett in accepting aggressive terms for a $10 billion financing from Berkshire Hathaway to complete an agreed bid of around $56 billion for Anadarko....
18:51, 2019-06-04

Buffett's Berkshire unveils $861 million Amazon stake Warren Buffett's Berkshire Hathaway Inc said it owned $860.6 million of Amazon.com Inc shares at the end of March, after the billionaire admitted to underestimating the online retailer and its Chief......
15:01, 2019-05-21

New Texas law expected to boost Buffett's dealership group Texas Gov. Greg Abbott signed legislation this week that should end years of regulatory uncertainty for Warren Buffett's Berkshire Hathaway Automotive dealership group....
00:00, 2019-06-06

Crypto Promoter Makes Speedy Recovery After Being Too Ill to Meet Buffett The abrupt postponement of the lunch between Warren Buffett and Justin Sun, a Chinese citizen who paid $4.6 million in a charity auction for the opportunity, sparked speculation on Chinese social media about the reasons for the crypto entrepreneur’s decision....
14:01, 2019-07-24

UPDATE 1-Buffett's Berkshire boosts Amazon.com bet, attracts Ackman Warren Buffett's Berkshire Hathaway Inc on Wednesday said it boosted its stake in Amazon.com Inc by 11% during the second quarter, increasing its bet on the powerful online retailer even as stocks traded near record highs....
03:00, 2019-08-15

Jimmy Buffett fan group became seriously ill while staying at Dominican Republic hotel A group of Jimmy Buffett fans from Oklahoma say they became seriously ill while staying at a hotel in the Dominican Republic in April.       ...
19:34, 2019-06-17

Buffett protégé Tracy Britt Cool leaving Berkshire Hathaway One of Warren Buffett’s youngest protégés is parting ways with Berkshire Hathaway — to start a rival company. Tracy Britt Cool — who started at Berkshire in 2009 when she was just 25 — is launching an investment firm that will own smaller companies — just like the one she has helped the Oracle of......
11:00, 2019-09-19

Oklahoma Jimmy Buffett fans mysteriously fall ill while vacationing in Dominican Republic A group of Jimmy Buffett-diehards from Oklahoma were sick as hell in paradise — the latest in an ever-growing list of tourists to be sickened during a jaunt to the Dominican Republic, a report said. Dana Flowers, a travel agent who vacationed to Punta Cana with the Buffett-loving Central Oklahoma Pa...
19:51, 2019-06-15

Buffett's Berkshire Hathaway has lost almost $5 billion this year on Kraft Heinz's downturn Buffett's Berkshire Hathaway has lost almost $5 billion this year on its Kraft Heinz stake as the packaged food company's stock continues to fall....
14:51, 2019-08-09

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....
19:51, 2019-09-04

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...
17:51, 2019-07-11

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....
22:34, 2019-07-31

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...
13:17, 2019-09-18

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...
11:34, 2019-07-14

U.S. Fed's Daly says banks need to do right by customers, communities Banks need to change their internal cultures if they are to combat competition from technology companies for customers soured on traditional financial institutions after the 2007-09 financial crisis, San Francisco Federal Reserve Bank President Mary Daly said on Monday....
07:00, 2019-06-03

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...
06:51, 2019-07-08

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....
02:17, 2019-06-01

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....
14:32, 2019-05-21

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....
16:00, 2019-05-21

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......
01:51, 2019-06-08

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....
23:34, 2019-07-16

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....
18:00, 2019-05-21

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....
16:51, 2019-09-12

Brazil's XP Investimentos hires banks for U.S. IPO Brazilian financial services firm XP Investimentos has hired investment banking units of JPMorgan Chase & Co, Goldman Sachs and Morgan Stanley to manage an initial public offering in the United States, two sources with knowledge of the matter said....
02:17, 2019-09-13

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....
19:51, 2019-08-06

GRAPHIC-Take Five: Of Fed-aches and other central banks Investors around the globe are bracing for a second rate cut from the U.S. Federal Reserve at its policy-setting Federal Open Market Committee on Sept. 17-18....
18:51, 2019-09-13

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...
18:34, 2019-06-19

Brian Banks knows that it’s an inspirational drama but isn’t quite sure why “Freedom doesn’t just start on the football field,” intones Brian Banks (Aldis Hodge) at the outset of his semi-inspirational, semi-harrowing true story, correcting naïve audience members who had, until that moment, assumed that the American football field is the exclusive provenance of their liber...
07:51, 2019-08-07

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....
19:00, 2019-08-07

Banks Get Some Relief in Volcker-Rule Changes Banks are on the verge of getting some relief from Volcker-rule limits on speculative trading, one of the industry’s priorities in amending the regulations put in place after the financial crisis....
22:17, 2019-08-20

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....
00:17, 2019-08-06

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....
02:51, 2019-08-05

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....
08:00, 2019-08-13

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....
14:32, 2019-05-21

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....
13:51, 2019-08-06

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......
13:51, 2019-06-09

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....
04:17, 2019-07-10

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......
17:00, 2019-08-30

'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....
15:34, 2019-07-05

'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....
16:00, 2019-06-06

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...
13:51, 2019-08-13

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...
00:17, 2019-06-07

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.       ...
14:00, 2019-09-06

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....
21:00, 2019-09-06

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...
20:51, 2019-05-29

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....
03:17, 2019-06-28

Banks rallied on a Fed cut, and that's a 'very positive' sign, Jim Cramer says Investors bought bank stocks because there's a chance the Federal Reserve's interest rate cut may "put an end to this artificially inverted yield curve," Jim Cramer says....
04:00, 2019-09-19

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....
15:51, 2019-09-16

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....
16:34, 2019-06-30

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....
10:17, 2019-09-18

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 ...
08:34, 2019-09-14

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...
08:17, 2019-05-24

Facebook Says Central Banks Have Nothing to Fear From Libra Facebook is once again defending Libra -- this time against fears that the envisioned cryptocurrency could replace sovereign currencies from the US dollar to the Euro and threaten central banks'......
17:51, 2019-09-18

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....
09:51, 2019-07-15

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...
18:51, 2019-06-28

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....
08:34, 2019-09-11

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....
15:00, 2019-07-19

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....
17:51, 2019-09-17

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....
20:17, 2019-05-23

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....
21:17, 2019-07-16

How Politics Constrain Federal Reserve and Other Central Banks Top economists will meet in Jackson, Wyo., this week for a meeting sponsored by the Kansas City Fed. But politicians gathering in France hold the real keys to the economic future....
01:17, 2019-08-23

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....
19:17, 2019-06-30

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....
10:17, 2019-09-03

"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......
07:00, 2019-07-14

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....
19:00, 2019-06-30

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....
04:00, 2019-08-29

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....
16:34, 2019-06-28

Markets Right Now: Banks lead early gains for US stocks NEW YORK (AP) — The latest on developments in financial markets (all times local): 9:35 a.m. Banks were leading stocks higher in early trading on Wall Street after the Federal Reserve gave many of them permission to raise dividends and buy back more stock. Bank of America jumped 3.5% early Friday an...
15:51, 2019-06-28

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....
21:34, 2019-08-27

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....
10:17, 2019-06-21

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....
18:17, 2019-08-22

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....
00:17, 2019-05-23

Dramatic rise in Germans relying on food banks The number of people visiting food banks in Germany has increased by 10%. The non-profit Tafel organization is taking Germany to task for neglecting its most vulnerable and wasting massive amounts of food....
15:00, 2019-09-18

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....
22:51, 2019-06-21

Here's A Comparison Of Monthly Average Balance Requirements In Top Banks Banks such as State Bank of India (SBI), HDFC and ICICI Bank charge a penalty from the customers failing to maintain the required monthly average balance in their savings accounts....
10:17, 2019-08-14

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....
20:51, 2019-06-28

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....
16:51, 2019-05-21

Want To Open A Zero Balance Savings Account? Here's What Top Banks Offer Major commercial banks such as public sector lender State Bank of India (SBI) and its private sector peer HDFC Bank offer zero balance accounts such as BSBD accounts....
22:00, 2019-08-11

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......
14:17, 2019-08-10

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....
00:00, 2019-08-17

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....
12:51, 2019-06-29

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....
14:51, 2019-06-07

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....
21:34, 2019-08-19

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...
23:34, 2019-05-21

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....
19:17, 2019-06-28

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....
21:17, 2019-06-17

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...
10:51, 2019-05-22

The best power banks of 2019: portable chargers to keep your gadgets going A power bank isn't just a useful gadget – when most smartphones only last a day of use, a portable charger can be vital if you can't charge regularly. They're the ultimate accessory for gadget lovers, and a useful tool in 2019.You can use your power bank to recharge your phone,...
15:17, 2019-08-21

Fed Injects More Into Money Markets After Banks Bid Heavily for Funds The Federal Reserve Bank of New York saw huge demand from banks as they rushed to bid on the $75 billion on offer in a second day of intervention to ease a crunch in overnight funding markets....
17:51, 2019-09-18

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......
08:34, 2019-08-08

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....
17:00, 2019-08-27

Banks could reap $100 million in fees from LSE-Refinitiv deal A pool of ten investment banks working on the London Stock Exchange Group's $27 billion purchase of financial-data business Refinitiv could reap advisory fees of up to $100 million, according to industry estimates....
22:51, 2019-08-01

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......
02:17, 2019-09-16

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....
03:17, 2019-09-05

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....
05:00, 2019-09-05

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......
15:17, 2019-07-02

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....
18:17, 2019-09-12

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......
07:34, 2019-07-22

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....
21:34, 2019-09-14

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......
18:34, 2019-06-01

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....
16:51, 2019-09-11

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....
19:00, 2019-09-09

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 ...
10:34, 2019-07-02

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...
03:34, 2019-09-14

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....
06:34, 2019-09-08

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....
04:34, 2019-09-09

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....
19:00, 2019-09-10

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....
20:51, 2019-06-27

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...
15:17, 2019-09-02

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....
16:51, 2019-07-03

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....
10:34, 2019-07-03

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...
22:00, 2019-07-03

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 digitise bank guarantees....
04:17, 2019-07-04

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....
17:17, 2019-09-16

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...
11:51, 2019-09-03

"Know Your Customer" Norms: Banks Allowed To Use Aadhaar For Verification Banks can now use Aadhaar numbers for Know-Your-Customer (KYC) verification if the customer gives consent, the Reserve Bank of India (RBI) said on Wednesday. RBI also updated Aadhaar to the list of......
10:17, 2019-05-30

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....
21:51, 2019-06-27

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 ...
20:51, 2019-09-03

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....
12:34, 2019-07-11

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...
15:17, 2019-07-02

The Education of Elizabeth Warren The former law professor’s path to presidential contender began in Texas bankruptcy courts, where she witnessed desperate families, similar to her own....
13:34, 2019-08-25

The Summer of Elizabeth Warren GQ’s Julie Ioffe talks with Elizabeth Warren on the campaign trail about Hillary Clinton’s trailblazing, Donald Trump's attention, and Warren’s biggest pitch of all: herself....
13:17, 2019-08-21

Liz Warren says she raised $19.1M in second quarter ​Sen. Elizabeth Warren’s presidential campaign said she pulled in $19.1 million in the second quarter – more than three times what she raised in the first three months of the year. The Democrat from Massachusetts got 683,000 donations from 384,000 donors for an average donation of $28, h...
22:00, 2019-07-08

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....
08:34, 2019-08-11

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....
04:34, 2019-08-11

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....
04:01, 2019-06-14

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....
07:51, 2019-06-19

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....
19:51, 2019-07-17

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....
20:00, 2019-06-18

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....
18:17, 2019-07-16

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...
22:34, 2019-06-28

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....
02:17, 2019-06-18

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....
23:00, 2019-07-23

Samsung, telcos, and banks to collaborate on blockchain mobile authentication Samsung Electronics, SK Telecom, KT, LG Uplus, KEB Hana Bank, Woori Bank, and Koscom have formed a consortium to build a new blockchain network as a foundation for a new mobile authentication service....
09:51, 2019-07-15

Best power banks of 2019 in Australia: the best portable chargers for your gadgets  For any tech lover or frequent traveller, a portable charger is a must-have accessory. There are loads of models available, and the latest all support fast charging. Other more specialised power banks can charge laptops, have USB-C ports, and support tech such as Qualcomm’s Qu...
11:17, 2019-08-01

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....
13:00, 2019-07-19

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....
14:17, 2019-07-11

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....
13:51, 2019-08-07

Carige buyers should not expect big sacrifices from banks' creditors-Banco BPM CEO Any potential bidder for troubled Italian bank Carige should not expect the lenders' creditors to shoulder big losses for their own benefit, the chief of one of Carige's creditor banks said on Thursday....
12:17, 2019-06-20

CVC Awaits Sanction To Prosecute 123 Corrupt Govt Staff; 45 From Banks The Central Vigilance Commission (CVC) is awaiting sanction from different organisations to prosecute 123 government employees, including IAS officers and those working in central probe agencies like......
13:34, 2019-06-10

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....
12:00, 2019-06-21

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....
12:17, 2019-07-22

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....
19:34, 2019-06-15

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....
06:00, 2019-06-20

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....
05:00, 2019-08-09

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...
22:51, 2019-06-19

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....
13:00, 2019-07-14

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....
04:17, 2019-08-08

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....
10:34, 2019-07-09

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....
18:51, 2019-09-11

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....
00:17, 2019-06-29

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...
22:34, 2019-06-04

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....
19:17, 2019-06-30

Europe's banks may be at risk of failing if negative rates continue: EIU Large banking institutions face the risk of failure if interest rates in Europe continue to stay negative, warns the global chief economist of the Economist Intelligence Unit....
07:17, 2019-09-18

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....
16:00, 2019-07-04

Banks worth $47 trillion adopt new U.N.-backed climate principles Banks with more than $47 trillion in assets, or a third of the global industry, adopted new U.N.-backed "responsible banking" principles to fight climate change on Sunday that would shift their loan books away from fossil fuels....
21:51, 2019-09-22

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....
15:17, 2019-06-05

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....
04:17, 2019-08-26

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....
10:34, 2019-07-03

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......
17:17, 2019-09-16

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....
14:17, 2019-06-03

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....
00:51, 2019-09-13

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.        ...
22:00, 2019-05-27

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)        ...
20:00, 2019-09-06

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......
19:00, 2019-05-25

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)        ...
11:17, 2019-09-06

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....
15:17, 2019-07-01

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...
12:51, 2019-09-12

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....
09:51, 2019-06-03

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....
09:51, 2019-08-23

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....
08:51, 2019-06-06

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....
14:00, 2019-08-16

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....
16:01, 2019-05-21

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.        ...
14:38, 2019-05-21

Banks' Credit Must Grow 12% To Meet $5 Trillion Economy Target: SBI PSBs are under pressure to meet the capital adequacy requirements under Basel III and looking at the government support for capital, SBI Deputy MD said....
03:00, 2019-09-21

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....
11:00, 2019-08-21

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....
15:00, 2019-07-08

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....
19:00, 2019-08-16

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....
22:51, 2019-06-28

EU to investigate Nigel Farage over expenses funded by Arron Banks Move follows revelations MEP failed to declare lavish funding from year of the EU 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...
17:51, 2019-05-21

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....
18:17, 2019-07-05

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...
07:51, 2019-08-22

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....
11:00, 2019-08-21

China drafts bar for net capital of banks' wealth management units China released draft rules on net capital management of commercial banks' wealth management units on Friday, a follow-up move to regulate the risk of country's newly structured wealth management......
12:00, 2019-09-20

Warren's Campaign Is Now a Union Shop On Tuesday night, the Wall Street Journal reported Sen. Elizabeth Warren’s campaign staff will unionize. The union will be represented by the International Brotherhood of Electrical Workers Local 2320; the union’s business manager told the Journal the Warren campaign agreed with “no pushback.”...
16:17, 2019-06-05

Elizabeth Warren is a policy fraud When Massachusetts Sen. Elizabeth Warren speaks, liberals swoon over her supposed mastery of policy. She markets T-shirts emblazoned with her refrain that she “has a plan for that.” Even those political journalists who question her chances of capturing the Democratic nomination accept this basic pre...
21:34, 2019-07-31

Elizabeth Warren, Put Your Beautiful Dog in the Trash Elizabeth Warren is perhaps the most intellectually sound left-wing candidate in a generation. Her moral purpose and keen policy sense could propel her all the way to the White House. There is just one thing she needs to do first: get rid of her fake ass dog—forever....
01:34, 2019-05-29

The question Elizabeth Warren won’t answer The Democratic candidate for president keeps being asked whether she would raise middle-class taxes to pay for Medicare-for-all and declines to answer. It's true the question ignores the broader issue of cost and savings, but why not just level with people — as Bernie Sanders has done?...
05:17, 2019-09-20

From Warren and Trump, Two Versions of Corruption In New York, Senator Elizabeth Warren described a government compromised by the influence of the wealthy. President Trump, in New Mexico, denounced a “failed liberal establishment.”...
11:51, 2019-09-17

Elizabeth Warren: 'My faith animates all that I do' Sen. Elizabeth Warren, who does not usually speak about her faith on the campaign trail, talked at length on Saturday morning at the Rainbow/PUSH Coalition's annual convention in Chicago about the role her faith plays in the decisions she's made in her life....
19:51, 2019-06-30

Warren and Sanders building different coalitions When Sen. Bernie Sanders launched his first presidential campaign, he was going it alone -- the only candidate in a small 2016 contest offering a loud and clear contrast with Hillary Clinton, who had effectively cleared the field before the primary began....
20:00, 2019-07-23

Elizabeth Warren comes out against nuclear power Elizabeth Warren said Wednesday she would oppose the building of new nuclear plants in America and work to phase out existing nuclear power from the energy mix....
09:34, 2019-09-05

Look! Up in the Sky! It's a Huge Idiot! 2020 Democrats are having their latest big debate Thursday night in Houston, but they might as well not bother, because Donald Trump has already demolished them with his MAGA genius!...
00:51, 2019-09-13

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....
22:17, 2019-09-13

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....
04:34, 2019-05-28

WRAPUP 2-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....
19:00, 2019-07-16

Northern Territory banks on solar to meet new 2050 zero emissions target NT’s Labor government says the territory’s vast solar resources can help it transition to zero net carbon emissions The Northern Territory government has set a target of reaching net zero carbon emissions by 2050 in a plan that says responding to climate change is “responsible economic strategy”.The...
05:51, 2019-09-20

In Haryana Fight, BJP Banks On Citizens' List, Congress Weighs Options An exercise to filter out illegal immigrants similar to the one carried out in Assam is likely to be one of the major political issues in Haryana as parties step up their state election campaign in......
14:34, 2019-09-21

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....
23:34, 2019-07-16

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...
17:17, 2019-08-13

Finance Minister To Review State-Run Banks' Merger Preparedness: Report Finance Minister Nirmala Sitharaman will meet the heads of PSU banks on Thursday to discuss merger-related issues and review their preparedness to execute the process...
20:17, 2019-09-18

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......
10:00, 2019-06-30

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....
06:17, 2019-06-18

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. ...
20:17, 2019-05-23

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....
20:51, 2019-07-05

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....
19:17, 2019-09-17

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....
18:51, 2019-05-21

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....
18:34, 2019-07-19

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....
04:00, 2019-07-17

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....
06:17, 2019-06-28

Brazil's Banco Pan confirms hiring banks for share offering- filing Brazil's Banco Pan SA confirmed on a securities filing late on Tuesday the bank has hired the investment banking units of Banco BTG Pactual, Caixa Economica Federal, Banco Santander Brasil and Morgan Stanley to manage a potential share offering....
02:17, 2019-08-14

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...
03:34, 2019-06-22

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...
05:00, 2019-08-15

Canadian police find evidence of teen fugitives on banks of river Canadian police said on Tuesday they found "several items directly linked" to two teenage boys charged with killing a university lecturer and suspected in the murders of two tourists....
01:17, 2019-08-07

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......
14:34, 2019-07-05

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....
22:17, 2019-08-07

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....
12:34, 2019-06-06

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....
07:17, 2019-08-22

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....
12:34, 2019-06-10

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...
08:17, 2019-07-06

Major banks turn over documents on Russians with possible Trump ties – live Material given to congressional committees investigating Donald TrumpPresident boasted about February rally while meeting with medical staffSign up for the US briefing and get a new perspective 7.56pm BST Elizabeth Warren once again went after Trump for intensifying racism in America, saying the pre...
21:17, 2019-08-08

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....
15:00, 2019-07-06

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....
06:51, 2019-07-08

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....
20:17, 2019-08-09

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......
23:17, 2019-08-10

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....
22:51, 2019-08-03

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...
22:51, 2019-08-29

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....
10:17, 2019-06-21

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...
10:17, 2019-07-23

UPDATE 2-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....
18:17, 2019-09-11

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....
15:51, 2019-07-02

UPDATE 1-Oman hires banks for dual-tranche dollar bond The government of Oman has hired banks ahead of a potential issue of U.S. dollar bonds, its first this year, as the junk-rated country seeks to cover its budgetary needs....
12:17, 2019-07-24

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....
20:51, 2019-07-02

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....
07:00, 2019-06-13

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....
19:00, 2019-09-06

Wall St. eases; banks fall with prospect of rate cut, energy drops Wall Street eased on Wednesday, with bank stocks declining as prospects of a U.S. interest rate cut rose and energy shares tumbling along with oil prices....
21:51, 2019-06-12

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....
12:17, 2019-09-04

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...
14:51, 2019-06-03

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....
05:51, 2019-09-03

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....
00:51, 2019-08-30

S.African tribunal says it can't charge foreign banks in rand-rigging case A South African legal case over exchange-rate rigging is set to drag on after the anti-trust tribunal ordered the competition watchdog on Wednesday to clarify the charges it is seeking, particularly regarding foreign banks it has no jurisdiction over....
14:51, 2019-06-12

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......
06:17, 2019-06-18

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....
14:00, 2019-08-16

Elizabeth Warren Raises $19.1 Million in Second Quarter (WASHINGTON) — Elizabeth Warren raised $19.1 million in the second quarter, her campaign said Monday, cementing her status in the top tier of Democratic presidential contenders and a leading voice of the party’s liberal base. The Massachusetts senator’s second-quarter contributions...
22:51, 2019-07-08

'Warren's to lose': who won the first Democratic debate? | Panelists Bold ideas on the debate stage in Miami – and an unexpected breakout star. Here’s the verdict from our panelistsGenerously speaking, Democratic presidential candidates tonight spent a little less than 10 minutes after nearly an hour and a half had gone by answering a handful of direct questions abou...
18:51, 2019-06-27

Real workers know more about this economy than Elizabeth Warren It may come as no surprise to working men and women, but during the first Democratic presidential primary debate Elizabeth Warren clearly demonstrated that she is completely out of touch with them and may not even know what year it is....
23:01, 2019-06-27

Warren calls for big immigration changes at Arizona event Democratic presidential candidate Sen. Elizabeth Warren, D-Mass., speaks during a town hall campaign stop, Thursday, Aug. 1, 2019, in Tempe, Ariz. (AP Photo/Matt York) TEMPE, Ariz. (AP) — Democratic candidate Elizabeth Warren is calling for big changes in U.S. immigration policy. She spoke before so...
21:34, 2019-08-02

How Joe Biden and Elizabeth Warren both think they can win tonight's debate There will be 10 Democratic presidential candidates onstage Thursday night in Houston, Texas. But all eyes will be -- and should be -- on only two: Joe Biden and Elizabeth Warren....
17:51, 2019-09-12

Sanders, Warren fight with moderates over ‘Medicare for All’ DETROIT (AP) — The signature domestic proposal by the leading progressive candidates for the Democratic presidential nomination came under withering attack from moderates in a debate that laid bare the struggle between a call for revolutionary policies and a desperate desire to defeat President Dona...
23:34, 2019-07-31

Biden jabs at Sanders, Warren over 'Medicare-for-all' Former Vice President Joe Biden appeared to take aim at two of his top rivals for the Democratic presidential nomination over their support for a government-run "Medicare-for-all" health care plan during a speech Wednesday to organized labor at the Iowa AFL-CIO....
00:17, 2019-08-22

Daniel Pantaleo should be fired, Elizabeth Warren says Democratic presidential candidate Elizabeth Warren on Friday called for NYPD Officer Daniel Pantaleo to be canned after an administrative judge recommended he be fired for the 2014 death of Eric Garner. “Officer Pantaleo should be fired. Eric Garner’s family has waited too long for justice — w...
04:34, 2019-08-03

| Trump would be 'in handcuffs' if not president, says Democrat Warren Democratic White House hopeful Elizabeth Warren says that if Donald Trump was not protected by his presidential status, he would be "in handcuffs and indicted" for obstructing the investigation into Russia's 2016 election interference....
23:17, 2019-05-30

Trump is a white supremacist, say Warren and O'Rourke Democratic presidential candidates go beyond calling out president’s racist rhetoric following El Paso mass shootingTwo leading Democratic presidential candidates – Elizabeth Warren and Beto O’Rourke – have said in separate interviews that they consider Donald Trump to be a white supremacist.Asked w...
06:00, 2019-08-09

'The Five' talk Sen. Elizabeth Warren's cringeworthy interview The co-hosts of "The Five" gritted their teeth and cringed uncomfortably Friday afternoon while  watching Democratic presidential candidate Elizabeth Warren address her alleged Native American ancestry on "The Breakfast Club" radio show....
07:00, 2019-06-01

Oklahoma Fugitive Arrested In Warren County WARREN COUNTY, Ky. (LEX 18) — An Oklahoma man wanted for child-related sex offenses was arrested in Kentucky. Acting on a tip to South Central Kentucky Crime Stoppers, Warren County Sheriff’s deputies arrested 35-year-old John Thomas Cox late Thursday night. Cox was arrested on a fugitiv...
16:00, 2019-06-01

Pollster Zogby: It’s a Biden-Warren race The Democratic presidential race is fast turning into a two-person affair with former Vice President Joe Biden and Massachusetts Sen. Elizabeth Warren battling for the nomination and the others hoping for a shot, according to pollster John Zogby....
19:34, 2019-08-02

Elizabeth Warren Just Joined a Longtime Republican Cause Republicans have long sought to scrap the U.S. Department of Commerce. Texas Sen. Ted Cruz, former Ohio Gov. John Kasich, longtime Rep. Ron Paul and former Texas Gov. Rick Perry have all called for cutting or eliminating it, as have the conservative Heritage Foundation and the libertarian-oriented C...
16:00, 2019-06-04

Warren and Sanders: Two Liberals Aiming for the Same Target As Elizabeth Warren emerges from Bernie Sanders’s shadow, the two standard-bearers of the progressive base find themselves competing for voters, and donors....
19:34, 2019-06-05

Analysis: How Biden and Warren both think they can win tonight's debate There will be 10 Democratic presidential candidates onstage Thursday night in Houston, Texas. But all eyes will be -- and should be -- on only two: Joe Biden and Elizabeth Warren....
19:17, 2019-09-12

'How are we going to pay for it?': Biden confronts Warren and Sanders on their big plans Democratic presidential front-runner Joe Biden put the pressure on his fellow candidates about their proposed healthcare plans during Thursday night's debate in Houston....
08:51, 2019-09-13

Strategist for Sen. Warren on longlist for poetry award Sen. Elizabeth Warren’s reach has extended into the world of literary prizes: A communications strategist for the presidential candidate’s campaign is on the poetry longlist of the National Book Awards...
20:17, 2019-09-18

Elizabeth Warren has a plan that could crash the market Presidential candidate Sen. Elizabeth Warren likes to tell everyone that she "has a plan" for virtually every issue facing the country. Most of her plans (tax the rich schemes to pay for massive new government spending) are untested campaign proposals that have little chance of going anywhere in Con...
20:00, 2019-09-19

Elizabeth Warren Just Won the Debate Scheduling. Now, for the Debates Massachusetts Sen. Elizabeth Warren caught something of a break at Friday’s random dividing of the Democratic debate schedule, emerging as the strongest candidate on the first of two debates and dodging what’s shaping up to be a Joe Biden pile-on during the second. Frontrunner Biden is s...
22:17, 2019-06-14

Warren gets caught in Senate primary crossfire BOSTON — When Elizabeth Warren needed a glowing introduction to her speech at the 2016 Democratic National Convention, her former law school student, Rep. Joe Kennedy III, was there to provide it. When she needed someone to introduce her to the teeming crowd when she launched her presidential campai...
05:51, 2019-09-20

Taxes are the least of Elizabeth Warren's 'Medicare for All' problems Democratic presidential candidate Elizabeth Warren has been given more than one opportunity over the past two weeks to clarify her response to a key question about her "Medicare for All" plan… and she's fumbled it each time, writes Jake Novak....
17:51, 2019-09-20

Warren Leads in New Iowa Poll With Biden Second The latest poll numbers from The Des Moines Register and CNN were very good for Elizabeth Warren as she and Joseph R. Biden Jr. broke away from the rest of the Democratic pack....
03:34, 2019-09-22

Don Jr. Is Being a Huge Asshole Today Echoing his father’s unhinged Twitter presence today as Robert Mueller testifies before two House committees, Donald Trump Jr. was in fine form, repeatedly attacking the proceedings and even retweeting a post suggesting Mueller had been replaced with “a mentally retarded look-alike.”...
22:17, 2019-07-24

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....
09:17, 2019-08-31

UPDATE 1-Singapore sets guidelines for digital banks, move could shake-up lending Singapore's central bank kicked off on Thursday the application process for up to five new digital bank licences and issued detailed guidelines for potential contenders....
11:34, 2019-08-29

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.        ...
13:01, 2019-07-04

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....
16:51, 2019-09-03

UPDATE 1-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....
08:17, 2019-08-22

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. ...
23:51, 2019-05-22

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.       ...
16:00, 2019-09-07

Dubai-based GEMS hires banks for dual-currency bond issue Dubai-based GEMS Education has hired banks to arrange investor meetings ahead of a potential issuance of international bonds, a document issued by one of the banks leading the deal showed on Wednesday....
11:51, 2019-07-17

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....
18:34, 2019-05-24

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....
07:00, 2019-06-28

Big banks score win as U.S. regulator proposes easing post-crisis derivatives rules A U.S. banking regulator on Tuesday proposed easing a rule requiring banks to set aside cash to safeguard derivatives trades between affiliates, marking one of the biggest wins for Wall Street lenders under the business-friendly Trump administration....
22:51, 2019-09-17

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....
22:51, 2019-09-17

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....
20:51, 2019-05-29

Japan shares at 6-week high as banks, exporters, Apple suppliers shine Japanese stocks rose to a six-week high on Wednesday as bank shares extended recent gains thanks to rising bond yields, while major exporters reaped the rewards of a faltering yen....
05:17, 2019-09-11

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....
05:00, 2019-05-23

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....
21:00, 2019-09-10

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....
20:17, 2019-07-01

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        ...
20:34, 2019-05-23

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......
00:17, 2019-07-23

UPDATE 1-Vivendi to appoint banks on Thursday for sale of Universal stake - source French media group Vivendi is set to appoint several investment banks on Thursday for the sale of up to 50% of Universal Music Group, its most-prized asset, said a source close to the matter....
17:34, 2019-07-24

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.       ...
08:34, 2019-08-05

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....
20:17, 2019-06-12

REFILE-WRAPUP 1-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....
19:00, 2019-07-16

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....
07:00, 2019-06-14

Banks are paying people to borrow money. That’s alarming news for the global economy. Rattled investors are so desperate for a safe place to park their savings that they are paying for the privilege of lending money to European companies and governments....
20:51, 2019-08-14

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....
16:34, 2019-07-24

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...
23:17, 2019-07-12

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....
13:34, 2019-06-19

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....
17:34, 2019-06-07

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...
05:51, 2019-06-22

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....
07:00, 2019-06-18

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....
23:34, 2019-07-15

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....
14:34, 2019-09-09

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...
18:00, 2019-08-14

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...
07:34, 2019-08-13

Brexit funder 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...
00:00, 2019-07-21

Working Families Party Endorses Elizabeth Warren The progressive group, whose electoral influence has grown since it backed Bernie Sanders four years ago, is now supporting Ms. Warren for the Democratic presidential nomination....
19:51, 2019-09-16

Elizabeth Warren Picks Up Key Progressive 2020 Endorsement (WASHINGTON) — The progressive Working Families Party is endorsing Massachusetts Sen. Elizabeth Warren‘s presidential bid. The party endorsed Vermont Sen. Bernie Sanders‘s last presidential cycle. The decision by the labor-aligned party to back Warren over Sanders comes as most nat...
00:51, 2019-09-17

At Houston debate, surging Warren is toe-to-toe with Biden for first time A surging Elizabeth Warren will have her first chance to confront primary front-runner Joe Biden on the debate stage Thursday night, as the top 10 Democrats running for president square off in Houston at a critical moment in the race....
00:51, 2019-09-13

Warren and Trump Speeches Attack Corruption, but Two Different Kinds In New York, Senator Elizabeth Warren described a government compromised by the influence of the wealthy. President Trump, in New Mexico, denounced a “failed liberal establishment.”...
14:51, 2019-09-17

Elizabeth Warren predicts economic recession 'maybe even by the end of 2020' Elizabeth Warren issued a stark warning about the economy as she rolled out a slew of proposed regulations and trillion-dollar investments amid concerns the country faces a coming recession....
18:17, 2019-07-22

‘Is Bernie going to come?’ Warren seizes on Sanders' Netroots absence The gathering of political progressives found itself almost spoilt for choice by the Democratic presidential field for 2020Among nearly 4,000 progressive activists and organizers gathered in Philadelphia this week for the 14th and largest Netroots Nation convention, the 2020 presidential race felt l...
11:34, 2019-07-14

New 2020 Poll Shows Three-Way Tie Among Sanders, Warren and Biden A Monmouth University poll suggested a tightening race. “The main takeaway from this poll is that the Democratic race has become volatile,” the pollster said....
23:17, 2019-08-26

Warren and Trump Speeches Lay Out Competing Visions of Populism In New York, Senator Elizabeth Warren described a government compromised by the influence of the wealthy. President Trump, in New Mexico, denounced a “failed liberal establishment.”...
02:17, 2019-09-18

Warren had her own segregationist gaffe during Washington Square rally During a speech to 20,000 supporters in Manhattan Monday, Elizabeth Warren hailed Frances Perkins, who became a workers rights activist after the deadly 1911 Triangle Shirtwaist Factory fire. But Perkins had a less admirable and less well known legacy later in life — as a critic of the Brown vs. Boa...
03:51, 2019-09-18

Biden and Warren Avoid Direct Conflict — But for How Long? They have staked out diverging political paths, but have mostly refrained from attacking each other. Now a more combative phase of the race seems inevitable....
19:00, 2019-09-14

What Elizabeth Warren Is Quietly Telling Democratic Insiders With phone calls, texts and handwritten notes, the Massachusetts senator is continuing an unusually determined outreach effort to show party officials she is aligned with them....
23:17, 2019-08-26

The Point: Elizabeth Warren tries again on Native American issue With 169 days until the Iowa caucuses and a barely winnowed Democratic field still vying for the nomination, the 2020 election will be here before you know it. Every Sunday, I outline the 5 BIG storylines you need to know to understand the upcoming week on the campaign trail. And they're ranked -- s...
11:00, 2019-08-19

How Warren surged past Sanders – and how he fought back In the nomination race, the senators from Massachusetts and Vermont are dominant. Many expect both to pass Joe BidenAmong the what ifs and what might have beens of politics in America there is Ready for Warren, a group that urged Elizabeth Warren to run for president in 2016. Related: Washington's g...
04:17, 2019-09-01

Border activist Scott Warren to be retried on 2 charges TUCSON – Prosecutors announced Tuesday morning the border activists charged on harboring counts will have a retrial. During Scott Warren’s trial in June, defense attorneys argued he was just being kind by giving two migrants water, food and lodging when he was arrested in early 2018. He faced up to ...
04:51, 2019-07-03

Elizabeth Warren Unveils New Plan to Reduce U.S. Gun Deaths by 80% Democratic presidential candidate and Massachusetts Sen. Elizabeth Warren published a new plan on Saturday that pledges to reduce American firearm deaths by 80%, throwing an ambitious new collection of proposals into a Democratic field crowded with promises to curb gun violence in the wake of mass s...
11:34, 2019-08-12

Elizabeth Warren calls Trump a white supremacist Sen. Elizabeth Warren, a top Democrat in the 2020 presidential elections, said President Trump is a white supremacist and has done “everything in his power to stir up racial conflict and hatred in this country....
19:51, 2019-08-08

Joe Biden, Elizabeth Warren in statistical tie in national poll ​Former Vice President Joe Biden and Sen. Elizabeth Warren are in a statistical dead heat in a national poll of 2020 Democratic presidential candidates, with ​Sen. Bernie Sanders coming in third, according to a poll released Wednesday. ​Asked if the Democratic presidential primary were being held to...
22:17, 2019-08-14

Billy Joe Saunders and Frank Warren come to split decision Billy Joe Saunders and Frank Warren part company after a decade, writes Daniel Herbert The post Billy Joe Saunders and Frank Warren come to split decision appeared first on Boxing News....
12:34, 2019-08-06

Apparently Bankers Are Feeling Threatened by Elizabeth Warren CNBC’s stock market whisperer Jim Cramer went on a mesmerizing rant Tuesday about the threat that Democratic presidential hopeful Elizabeth Warren’s progressive policies pose to Wall Street executives....
03:51, 2019-09-11

Jim Cramer: Wall Street saying Elizabeth Warren must be 'stopped' Leaders in the financial industry are really worried about the possibility of Sen. Elizabeth Warren becoming president, CNBC's Jim Cramer said Tuesday....
05:51, 2019-09-11

Elizabeth Warren and Joe Biden Will Finally Debate. Here’s What to Expect. The two Democrats arrive at Thursday’s forum with contrasting styles and policies — tensions that will be laid bare as they appear onstage together for the first time....
03:00, 2019-09-12

The Bernie-Warren Suicide Pact to Save America Those of you wise enough to read Splinter should understand that the two best candidates policy-wise in the Democratic primary are Bernie Sanders and Elizabeth Warren. In order for their good policies to triumph, they must both be willing to sacrifice themselves for the cause if necessary. Sooner, r...
06:34, 2019-07-09

Bernie and Warren Team Up to Own John Delaney Into the Ground It didn’t take long tonight for the more right-wing 2020 Democratic candidates on Tuesday’s debate stage to attack Bernie Sanders and Elizbeth Warren over Medicare for All....
21:17, 2019-07-31

Warren's new U.S. immigration policy would end border crossing as a crime Democratic U.S. presidential hopeful Elizabeth Warren on Thursday announced a broad immigration policy that would decriminalize undocumented border crossing and end the use of privately run detention centers if she is elected president....
18:34, 2019-07-11

Fox Demon Melts Down Over Elizabeth Warren's Plans to Help Workers Fox Business host Stuart Varney, who not too long ago described himself as a “refugee” of “English socialism,” and seems to think workers play no part in a business’s profitability, is really not happy about the idea of sharing profits with workers. Wonder why!...
00:51, 2019-09-13

No mention of 'Medicare for all' from Warren or Sanders at union event Presidential candidates Elizabeth Warren and Bernie Sanders, speaking at an Iowa labor event for 2020 Democrats, both conspicuously omitted one of the most contentious issues of the 2020 primary: a total government takeover of the healthcare system....
21:34, 2019-08-21

Warren Gatland to take Chiefs job after Wales but will take year out for Lions • New Zealander will return to homeland to coach home province• Gatland will take 12 months out from August 2020 for Lions roleWarren Gatland is to split his role as British and Irish Lions coach with a new job in Super Rugby in charge of the Chiefs. Gatland has agreed a four-year deal to return to ...
07:51, 2019-06-28

‘Written by men’: AOC, Elizabeth Warren rip ‘Game of Thrones’ ending Rep. Alexandria Ocasio-Cortez and Sen. Elizabeth Warren complained about the ending of “Game of Thrones” in a video posted online Tuesday. The two politicians railed against the male-centric plot and the portrayal of “emotional” women in the resolution of the epic HBO drama. ...
07:00, 2019-05-22

Warren says the Green New Deal needs a $2T innovation boost to work Democratic presidential hopeful Elizabeth Warren floated a $2 trillion climate innovation plan Tuesday, parts of which sound a lot like Republican talking points....
17:17, 2019-06-04

Elizabeth Warren and AOC Agree: Game Of Thrones Blew It It’s been two days since Game of Thrones withered away into the annals of middling finales in television history, but naturally (thankfully?), there is still content to be mined from the show’s putrid ending. The latest installment, from Sen. Elizabeth Warren and Rep. Alexandria Ocasio-Cortez today,...
03:17, 2019-05-22

Anonymous Bidder To Pay $4.57 Million To Have Lunch With Warren Buffet An anonymous bidder has agreed to pay a record $4,567,888 at an annual charity auction to have a private lunch with WarrenBuffett, the billionaire chairman of Berkshire Hathaway Inc....
02:00, 2019-06-02

Sen. Warren seeks investigation of landlord at U.S. Air Force base U.S. Sen. Elizabeth Warren is seeking an official inquiry and demanding answers from the Air Force and one of its top housing contractors following a Reuters-CBS News report describing how the company falsified maintenance records to help it secure Defense Department bonuses....
20:51, 2019-06-27

Bernie Sanders, Liz Warren talk decriminalizing prostitution WASHINGTON – The two progressive presidential candidates backing Queens District Attorney candidate Tiffany Cabán are also backing her on one of her signature issues. Cabán wants to decriminalize sex work, arguing that the current laws go after people who are destabilized by the current econom...
10:17, 2019-06-21

Elizabeth Warren Sticks Her Message in Big Tech’s Face The “Break Up Big Tech” billboard, paid for by the Democrat’s presidential campaign, doesn’t sit well with all San Franciscans who work in the industry....
00:17, 2019-06-04

Warren poised to break out, AOC endorsement could derail Sanders Democrat Elizabeth Warren’s once-floundering 2020 presidential campaign has been declared back by the media, and her bid to win the endorsement of Rep. Alexandria Ocasio-Cortez appears on track and threatening the No. 2 position of Sen. Bernie Sanders....
19:34, 2019-05-28

Elizabeth Warren Has Lots of Plans. Together, They Would Remake the Economy. Ms. Warren could face a difficult path to winning over moderates, but by pushing out so many proposals so early, she is forcing her Democratic rivals to play catch-up....
03:00, 2019-06-11

Elizabeth Warren announces plan to ban private prisons Democratic presidential candidate Sen. Elizabeth Warren unveiled a plan Friday to ban private U.S. prisons and detention centers and hold current contractors more accountable for prisoner treatment and conditions....
21:00, 2019-06-21

Elizabeth Warren Is Still Disastrously Unprepared to Talk About Her DNA Test On Friday, Sen. Elizabeth Warren joined The Breakfast Club radio show. The 48-minute interview, for the most part, was smooth sailing. She cruised through her plans for taxing the uber-wealthy and properly regulating ginormous corporations like Amazon. For the first 20 minutes, the conversation betw...
19:51, 2019-05-31

Elizabeth Warren says she's 'proud' her campaign workers unionized "Every worker who wants to join a union, bargain collectively, & make their voice heard should have a chance to do so," Warren wrote in a post on Twitter....
18:17, 2019-06-06

1 Killed In Warren County Single-Vehicle Accident WARREN COUNTY, Ky. (LEX 18)– One person is dead following a single-vehicle accident in Warren County. It happened around 12:34 a.m. Thursday on Morgantown Road. According to the Warren County Sheriff’s Office, a vehicle was traveling northbound when it dropped off the left side of the ro...
13:51, 2019-05-30

U.S. Democratic candidate Warren calls for ban on private prisons U.S. Democratic presidential candidate Elizabeth Warren on Friday called for the elimination of privately run prisons and detention centers at the federal and state level, arguing they too often place profits above safety....
04:17, 2019-06-22

Warren recognizes 2020 campaign staff union Elizabeth Warren acknowledged Thursday that her presidential campaign staff had unionized, meaning that she will not contest the International Brotherhood of Electrical Workers Local 2320 claim, announced two days ago, to become the workers' exclusive representative....
21:34, 2019-06-06

This Genesis Mini Controller Is Huge We’re still at E3, with Tim Rogers taking a tour of the Sega booth. See Mario & Sonic at the Olympic Games, Judgement, a climbing wall, and an ironically large Sega Genesis Mini controller. Watch it all in the video above....
01:17, 2019-06-14

Huge leak: This is the Galaxy Note 10+ We’re now exactly one week away from the official unveiling of Samsung’s new Galaxy Note 10 and Galaxy Note 10+ flagship smartphones — not that they need an official unveiling at this point. Practically everything there is to know about Samsung’s upcoming new phablet duo has ...
20:17, 2019-07-31

Yo Look At This Huge Cactus That Just Completely Impaled A Car Somewhere deep in the recesses of my mind I have always felt safe from the aggressively prickly presence of a cactus in a car. I’m in here, and it is out there, and between is us is metal and plastic and glass that will act as a shield to protect me. Well, reader, apparently not!...
03:00, 2019-07-11

Modi Has a Huge Mandate in India. Now What Will He Do? A mix of hope and fear defined his first five years as prime minister. Both supporters and critics wonder whether a defining victory will tilt him more to one side....
21:00, 2019-05-24

The US Huawei ban is also a huge headache for Google The Trump administration banned Huawei from importing any US-made technology a few weeks ago, and the order is still in effect. A number of prominent US companies have already halted business with Huawei, pending the resolution of this conflict, with Facebook being the latest company to cut ties. Hu...
00:17, 2019-06-08

HPV: A simple virus with huge implications The most common infection transmitted during sex is the Human papillomavirus also referred to as HPV. Though many strains are harmless, beware some types can cause cancer....
21:51, 2019-08-26

A TV Critic Who Has Seen the Small Screen Become Huge In “I Like to Watch,” Emily Nussbaum of The New Yorker looks back on television’s artistic high points and cultural influence over the past two decades....
20:51, 2019-07-03

There’s a huge iPhone bug in the latest iOS 13 beta that you really need to know about The latest iOS 13 beta has a serious security bug that will allow access to your stored passwords by anyone with access to your device. For someone to get to your passwords, they need to know how the bug works, and they need to get their hands on your iPhone or iPad. The good news, however, is that ...
19:51, 2019-07-16

We still don't know how some animals find their way on huge migrations From ants to bees to birds, animals cross vast and often unknown territories to reach food and breeding grounds. A new book looks at their extraordinary wayfinding skills...
21:34, 2019-05-21

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...
15:51, 2019-07-02

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....
20:17, 2019-08-09

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....
06:51, 2019-08-14

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....
02:34, 2019-09-14

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....
00:00, 2019-09-10

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.        ...
10:17, 2019-05-27

UPDATE 1-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....
18:34, 2019-05-24

Turkish banks have not yet agreed model to move bad loans off balance sheets -finance ministry Turkish banks have not yet agreed on a model for a fund that will remove problem loans in the construction and energy sectors off banks' balance sheets, the Treasury and Finance Ministry told Reuters on Wednesday....
19:00, 2019-07-17

Moonday Mornings: North Korea denies earning $2B by hacking cryptocurrency exchanges and banks If you’re reading this, that means we successfully lured you into clicking our Bitcoin-related headline. Sucked in. What it really means, though, is that you and I have now entered into a (rather loose) social contract. It demands you are provided with enough interesting cryptocurrency tidbits so th...
18:51, 2019-09-02

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....
20:17, 2019-07-01

UPDATE 3-Big banks score win as U.S. regulator proposes easing post-crisis derivatives rules A U.S. banking regulator on Tuesday proposed easing a rule requiring banks to set aside cash to safeguard derivatives trades between affiliates, marking one of the biggest wins for Wall Street lenders under the business-friendly Trump administration....
04:17, 2019-09-18

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....
22:00, 2019-07-11

105 town halls and 35,000 selfies: how Warren has shaken up the 2020 race The Massachusetts senator has led the policy agenda and forced rivals to play catch-up, but her grandest plan is to save capitalism from itself To the crowd of voters who gathered in the garden of a New Hampshire home on a serene summer’s day in June, Elizabeth Warren expressed her sincere gratitude...
08:34, 2019-07-08

Elizabeth Warren wants answers from federal agencies about algorithmic bias Democratic presidential candidate Elizabeth Warren wants federal agencies to answer questions about algorithmic bias in fintech and financial lending.Read More...
00:51, 2019-06-13

AOC, Warren team up for new video pressing Mnuchin over Sears bankruptcy Rep. Alexandria Ocasio-Cortez, D-N.Y., and Sen. Elizabeth Warren, D-Mass., pressed Treasury Secretary Steve Mnuchin over his role in Sears' 2018 bankruptcy in a video released Thursday....
05:17, 2019-05-24

Tyson Fury’s reputation in USA not affected by Wallin performance, says Warren Tyson Fury's promoter and trainer on the fallout from the Otto Wallin fight The post Tyson Fury’s reputation in USA not affected by Wallin performance, says Warren appeared first on Boxing News....
20:17, 2019-09-16

Elizabeth Warren Stands Out at New Hampshire Democratic Party Convention Ms. Warren got the most enthusiastic response of the 19 candidates who appeared Saturday. Bernie Sanders, Pete Buttigieg and Cory Booker also attracted particularly energetic support....
23:00, 2019-09-07

Elizabeth Warren is wrong: This race really is about the size and scope of government Presidential hopeful Sen. Elizabeth Warren, D-Mass., wants you all to know that she is very much a capitalist and a patriot. So much so she wants to weaponize the federal bureaucracy against American businesses, expand the power of the Export-Import Bank, and engage in wide-scale currency manipulati...
16:34, 2019-06-05

Biden stumbles over abortion rights while Warren receives cheers In a first-of-its-kind forum, the former vice-president claimed a ‘100% voting record’ – before his mic suddenly cut outIn the first presidential forum on reproductive rights in recent memory, former vice-president Joe Biden told an audience of mostly female Planned Parenthood supporters he had a “1...
01:17, 2019-06-23

Elizabeth Warren says she'd reverse policy on indicting presidents – live The Senator and 2020 Democratic candidate says she’d push legislation to make it so that a sitting president may be charged with a crimeSign up for the US briefing and get a new perspective 5.01pm BST Former Ohio governor John Kasich says he’s not planning a 2020 primary challenge to Donald Trump.“T...
18:17, 2019-05-31

Elizabeth Warren rolls out universal child care bill Democratic presidential candidate Sen. Elizabeth Warren of Massachusetts introduced a new universal child care bill Tuesday with freshman Rep. Deb Haaland of New Mexico....
09:00, 2019-06-19

Elizabeth Warren challenges Biden on abortion, says Trump should be 'in handcuffs' Elizabeth Warren in an Indiana town hall Wednesday night challenged Joe Biden on abortion, saying the 2020 Democratic frontrunner is wrong to not support the repeal of the Hyde Amendment – which prevents federal funding for ending pregnancies....
13:34, 2019-06-06

Warren offers anti-corruption plan central to her campaign NEW YORK (AP) — Elizabeth Warren has released a sweeping anti-government corruption proposal, providing a policy roadmap for a fight she says is at the core of her presidential campaign. The Democratic Massachusetts senator is announcing the plan Monday in Manhattan’s Washington Square Park, n...
18:51, 2019-09-16

They Meet at Last: Biden-Warren Matchup Is Main Event in Debate Elizabeth Warren and Joe Biden arrive at Thursday’s forum with contrasting styles and policies — tensions that will be laid bare as they appear onstage together for the first time....
12:34, 2019-09-11

It's Bernie Sanders and Elizabeth Warren v the 'No We Can't' Democrats | Bhaskar Sunkara On Tuesday night, the two progressive candidates presented a vision of what’s possible through politics. Most of their opponents just talked about what wasn’tOne of the most compelling things about Tuesday’s Democratic debate – which featured Bernie Sanders, Elizabeth Warren, Pete Buttigieg, Beto O’...
18:00, 2019-07-31

While teaching, Warren worked on about 60 legal matters, far more than she’d previously disclosed The senator’s legal consulting work has received little scrutiny over the course of her political career. Her presidential campaign Wednesday night released a list of cases was involved with....
04:34, 2019-05-24

Warren raises $19.1 million for presidential bid in second quarter, third among crowd of rivals Democratic presidential hopeful Elizabeth Warren raised $19.1 million in the second quarter of the year, placing her in the top three for the period among top-tier rivals, her campaign announced in an email to supporters on Monday....
20:51, 2019-07-08

Elizabeth Warren compared to Rachel Dolezal in awkward interview Democratic presidential hopeful Sen. Elizabeth Warren has continued to back away from her claims of Native American ancestry, admitting “I shouldn’t have done it” during a radio interview on Friday morning. Her appearance on “The Breakfast Club” turned awkward when co-h...
00:34, 2019-06-01

Trump Campaign Sees Elizabeth Warren as an Increasing Threat Just two months after President Donald Trump declared Democratic presidential hopeful Sen. Elizabeth Warren “finished,” his campaign now is viewing her as a gathering threat in the lead-up to the 2020 election....
00:34, 2019-06-17

Majority of Sen. Elizabeth Warren's presidential campaign workers say they want to unionize Non-management campaign employees authorized the International Brotherhood of Electrical Workers Local 2320 to represent them in negotiations with campaign leadership, according to Steven Soule, the local's business manager....
23:17, 2019-06-04

Warren compares herself, 'green manufacturing plan' to JFK and Apollo mission Sen. Elizabeth Warren, D-Mass., suggested on Saturday that her plan to combat climate change was analogous to former President John F. Kennedy's efforts to put a man on the moon....
07:00, 2019-07-21

Biden clashes with Warren and Sanders in lively Democratic debate Healthcare opened up clear differences between frontrunners but Donald Trump was the key target amid a more conciliatory toneConfrontation erupted on the debate stage as energized frontrunner Joe Biden verbally sparred with progressives Elizabeth Warren and Bernie Sanders, revealing deep divisions o...
09:17, 2019-09-13

Minnesota Vikings COO Kevin Warren replacing Jim Delany as Big Ten commissioner Kevin Warren, the chief operating officer of the Minnesota Vikings, will become the Big Ten's new commissioner to replace Jim Delany.        ...
19:17, 2019-06-04