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

1789088415 michael j armstrong 9 11

Journalist investigates life of 9/11 victim Michael J. Armstrong

A Global News reporter has revealed details about Michael J. Armstrong, who was killed in the September 11, 2001 attacks. The report highlights his life and family, noting the shared name and middle initial with another individual of the same name.

696x392 cmsv2 72d5cddb 0fb1 5589 a933 3f674c8ee0bc 9909313

Coach overturns in eastern Switzerland, leaving multiple fatalities and injuries

A tour coach belonging to Dutch company Oad overturned on a mountain road in eastern Switzerland’s Graubünden canton, resulting in several fatalities and numerous injuries. The coach was transporting 48 passengers from the Netherlands on a day trip. Authorities are investigating the cause of the incident.

2026 03 16T011543Z 1990250581 HP1EM3G03I4NK RTRMADP 3 AWARDS OSCARS 1777476273

Jimmy Kimmel moves Senate candidate interview to YouTube amid FCC scrutiny

Jimmy Kimmel will move his interview with Texas Democratic Senate candidate James Talarico to YouTube, following regulatory scrutiny from the Republican-led Federal Communications Commission (FCC). This shift reflects heightened FCC oversight over candidate appearances, impacting traditional broadcasting freedoms. The interview will be released on Thursday.

Like this article?

Leave a comment

From our sponsors
Advertisement
Advertisement