Five years after the start of the financial crisis, the U.S. banking industry continues to earn strong profits. On Tuesday, Goldman Sachs became the latest big bank to report better than expected earnings. But rising interest rates mean a riskier environment for banks.
For at least a millennium, the heart of Britain's commercial and financial industries has been the City of London.
The City is not the large metropolis we know as London. It's much older and smaller. Many call it the Square Mile, though it's not square and a bit bigger than a mile. It's the home to big banks, medieval alleyways and St. Paul's Cathedral. And, for all those centuries, the area has had the same local government with an unusual name: The City of London Corporation.
There's no evidence that he wrote anything obscene.
His messages could be easily erased.
And they don't seem to have upset many, if any, people.
But in San Diego, 40-year-old Jeffrey Olson is on trial for expressing his opinions on sidewalks outside three Bank of America branches. He's charged with 13 counts of vandalism. Jury deliberations began Friday, our colleagues at KPBS say. If convicted on all counts, they add, he faces up to 13 years in prison.