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...Among regional banks, Pittsburgh-based PNC had one of the biggest spikes in delinquent commercial real estate loans, more than doubling in the quarter to $723mn....
...Daniel Hynes, senior commodity strategist at ANZ Bank, said the fact that the attacks were well telegraphed had eased oil market concerns....
...It has vowed to conduct a census of caste groups, which it says will help allocate resources to marginalised groups....
...The decision to appeal directly to shareholders marks an escalation in what was already a fractious stand-off between the banks....
...Elderson said a group of five experts that carried out an independent review of its supervisory activities this year “recommended that the ECB should establish more timely and forceful escalation processes...
...“Prices could easily get a lot worse [higher] before we find some stabilisation,” said Ole Hansen, head of commodity strategy at Saxo Bank....
...A veteran member of Hamas, al-Arouri helped establish the group’s military wing in the occupied West Bank....
...“We’re for peace, we won’t take sides . . . not for Israel, or the Palestinians or this group Hamas,” he said....
...“It now needs to restore escalation dominance and deter the ability of the Iran-backed armed groups in the region to attack US troops.”...
...The report was doubtful about positive “governance outcomes” in postwar Gaza, citing Hamas’s enduring public support, the “continued animosity” between the militant group and its rivals in the West Bank-based...
...Eleven large banks including JPMorgan and PNC put $30bn in deposits with First Republic last month in a failed attempt to stabilise the bank....
...Companies: LVMH reports its first-quarter sales as succession plans at the world’s biggest luxury group speed up. Bank of America, Johnson & Johnson and Morgan Stanley report earnings....
...The US government has asked JPMorgan, PNC and several other financial groups, including a handful of non-bank investment firms, to bid for all or part of First Republic, as US regulators try to determine...
...Turkish stocks fell sharply on Wednesday after he said Hamas, whose militants killed at least 1,400 people in its October 7 attack on Israel, was not a terrorist organisation but rather a “group for liberation...
...The seven largest tech groups — Microsoft, Apple, Amazon, Alphabet, Meta, Tesla and Nvidia — drove most of last year’s stock market gains as traders bet that they would be winners from the growth of AI....
...US officials framed the strikes as self-defence, but it was another reminder of the risks of escalation....
...SLB stopped new investment and technology deployment in Russia in March 2022 and, following an escalation of sanctions, halted shipments of products into the country in July 2023....
...But by Monday morning, market fears of an escalation had receded and CVC announced its intention to float....
...Results: BlackRock, Citigroup, JPMorgan Chase, PNC Financial Services, UnitedHealth and Wells Fargo all report today. One more thing: Our new Central Banks newsletter launches next Tuesday....
...Middle East conflict: Whatever form Israel’s retaliation against Iran takes, analysts warn there is a high risk of miscalculation — and further escalation....
...PNC, US Bank and Capital One were among its most enthusiastic backers....
...But even by those bloody standards, the past two weeks have marked a dramatic escalation....
...But there are also concerns that an escalation could draw American troops deeper into combat....
...In 2022, Shireen Abu Akleh, a well-known Palestinian-American journalist working for the network, was killed by Israeli forces in the West Bank town of Jenin....
...West Bank and across the region....
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