Joining us for today's call we have Mark Borrecco, president and chief executive officer; Pete Chapman, chief financial officer; Steve Yose, chief credit officer; and Karlyn Knierie, chief risk officer. Thank you, Seth, and thank you, everyone, for joining this morning.
Plus the Gen Z acronyms only 3% of Brits understand.
Cash equivalent funds saw a $160 billion tax-related outflow in the week to Wednesday, according to a Bank of America's weekly report that cites fund flows and asset allocation from data provider EPFR, while U.S. stocks suffered their second week of outflows. Tuesday was the U.S. Treasury's annual tax filing deadline. Investors remain concerned over lofty valuations as markets push back expectations for rate cuts from the Federal Reserve to later in the year.
U.S. technology and retail giant Amazon could soon be required to formally recognise the GMB union at its Coventry warehouse in Britain, after a government body ruled in the union's favour. GMB said in a statement on Friday that Amazon workers at the site would now vote on union recognition, and if approved, it would be the first time outside the United States that Amazon was required to bargain with a union over pay, hours and holiday. Amazon has historically opposed unionisation, but in 2022, workers at one of its New York warehouses forced the company to recognise a trade union in the U.S. for the first time.
The pound was little changed on Friday after falling to a five-month low against the dollar in Asian trading hours as investors responded to reports of an Israeli attack on Iran. People familiar with the matter told Reuters that Israel attacked Iran, days after Iran launched an unprecedented assault on Israel in response to a suspected Israeli strike on its consulate in Syria. Yet the market reaction later unwound somewhat after Iran played the incident down and said it did not plan a new response.
Fight Corporate Monopolies is hitting Rep. David Trone, a Senate candidate, and advertising in support of Rep. Mary Peltola (D-Alaska).
A Trump sneaker? A mug shot? The attempts by the Trump campaign to court Black voters have been laughable — until they were not.
During an appearance on Jimmy Kimmel Live! this week, the musician/record producer poked fun at the Stronger rapper. In the interview, host Jimmy asked Jack why he is "more inclined to work with female artists," after noting that he has worked with the likes of Taylor Swift, Florence + The Machine, Lorde and St. Vincent. "There's two people that I think are too oversensitive to even function, and it's men and members of the music industry. The amount of sensitivity - it's sort of like watching Kanye.”
IN FOCUS: Between points deductions, financial charges, and looming appeal dates, the Premier League has lost the trust of its fans and revealed a dysfunctional relationship with money from top to bottom, writes Miguel Delaney
Taylor Swift is the great influencer, the reigning pop superstar of our social media fixated times. The wittily titled Tortured Poets Department may be the apogee of her self-branded gossipy songcraft, a musical Roman à Clef so densely packed with references to her own torturous love affairs with other beautiful actors, pop stars and sportsmen that it is hard to decide whether you are listening to a song cycle or a catching up with a soap opera. (The album was released in two parts, and the the
"The intention does not appear to inflict large-scale damage, including on nearby military bases, and trigger a full inter-state war, which we continue to regard as very unlikely," Hasnain Malik, head of equity research at Tellimer wrote in a note. The CBOE Volatility index, also known as Wall Street's "fear gauge", was up 1.83 points at 19.83, its highest level in more than five months. On the earnings front, Netflix slumped 6.3% in premarket trading following the streaming video pioneer's lackluster second-quarter forecast.
The Prime Minister warned against ‘significant escalation’ amid fears of a broader Middle East conflict.
Two US officials claim an Israeli missile struck Iran near the city of Isfahan overnight - although Iran has downplayed reports as Israel remained silent
Formula 1 updates from the Shanghai International Circuit as China hosts the first sprint weekend of the season
What do the stars have in store for you this week?
Emirates has cancelled seven flights between the United Arab Emirates airport and the UK, with British Airways diverting or axing four.
The “lacklustre” performance was well below City forecasts of around 0.3% growth and follows a 0.1% rise in February
UK interest rates currently sit at a 15-year high of 5.25% after hikes by the Bank of England in an effort to quash inflation.
BERLIN (AP) — Germany coach Julian Nagelsmann has extended his contract by two years, taking him beyond the upcoming European Championship and through the 2026 World Cup. It also ends the possibility of Nagelsmann returning to Bayern Munich, which is looking for a new coach for next season after deciding to part ways with Thomas Tuchel at the end of this season. Nagelsmann was the reported favorite following Xabi Alonso’s decision to stay with Bayer Leverkusen, but now Bayern will need to look e
Prosecution witness claims Lai shared anti-China strategy with him in 2020
Prime Minister Rishi Sunak gave major speech in London on welfare reform as benefits bill ‘reaches £69billion’
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