Close Menu

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.

Today's top stories

Like this article?

Leave a comment

Advertisment
Ready to be informed like a pro
Ready to be informed like a pro?
Read Today's Newspapers
Advert by Sponsors
More from WTX News
The latest gaming news - with game reviews and tips and tricks. updated 24 hours a day.
The latest gaming news

Get OFFER

Say 'yes' to liberty

Sign up to your personalized news briefing - delivered!

Newspapers, News Summary, Truth and freedom

30% off - code - 9ANB1EB283

Access the news from all the main News sources

We bring you CNN BBC FOX EURO NEWS AL JAZEERA – all in one place. With a perfectly crafted email with your news summary