Financial Times - Savers withdrew nearly $60bn from three US banks as Apple raises heat

Summary of the front page

The Financial Times says savers withdrew nearly $60bn from US banks Charles Schwab, State Street and M&T in the first quarter as customers moved their money in search of higher interest rates. Traditional banks could face further threat because of Apple and Goldman Sachs’ new savings account in the US that will pay 4.15% interest a year, it reports. 

The paper’s main image is of Vladimir Kara-Murza, a Russian opposition activist, during a court hearing in Moscow where he was sentenced to 25 years in prison for treason.

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What’s going on?
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Headline framing varies between outlets. Reuters states, “France suspends use of stun grenades to police student protests,” highlighting a direct action by authorities. In contrast, PBS headline reads, “French students lead massive protests against education policies,” emphasising student agency and ongoing dissent. This difference in focus highlights the tension between state action and student activism.
Coverage analysed: Reuters | PBS

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