Kennedy Wilson refinances €472m of Irish apartment portfolio debt
Loans represented 40% of the US property group’s debt due to mature this year
Wells Fargo
Dublin market underperforms European peers after volatile week
Homebuilders rise but banks have mixed day
Hypocrisy is everywhere with crypto and the banks
Capital flows from institutional investors are driving up the price of tokens such as bitcoin
Bad property debt exceeds reserves at largest US banks
Loan loss provisions have thinned even as regulators highlight risks in commercial real estate market
Surge in bad debts strike a sour note at top US banks
Earnings are expected to have shrunk in last quarter of 2023 due to unpaid debts and impact of high interest rates
Some 60,000 jobs shed by world’s biggest banks in one of worst years for cuts since financial crisis
Collectively, the big Wall Street banks cut at least 30,000 staff in 2023 with more cuts expected next year
Big banks to pay millions in fines for using WhatsApp
US regulators hit Wells Fargo and BNP Paribas for staff unofficially using of the service
Markets a sea of green as US inflation cools
Latest consumer price data boosts hopes that the Fed could end rate hikes soon
Markets dial down expectations for interest rate rises but sticky inflation still a worry
ECB expected to hike up rates by a further 0.25 per cent next month as core inflation remains strong
Investors dump US bank shares amid fears over bond portfolios
Sell-off sparked by $1.8bn loss at Silicon Valley Bank
US banks see profits top expectations despite signs of souring loans
Bank of America, Citigroup and JP Morgan Chase all increase bad loan provisions
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Stardust
Inquests into the nightclub fire that led to the deaths of 48 people
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How does a post-Brexit world shape the identity and relationship of these islands
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