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

Could Rishi gamble on a summer election

‘Could Rishi gamble on a summer election?’ – Paper Talk

Thursday’s front pages carry various stories – mostly domestic news. Several of the papers report on UK politics, with speculation on a summer general election. There’s coverage of the backlash from the raw sewage spills, and King Charles’s upcoming Easter message.
A few of the tabloids lead on celebrity news, but all-in-all there isn’t much unity on the front pages this morning.

Clapham chemical attack suspect - Baltimore Bridge collapses after ship collision - State pension age rise to 68 - Alan Titchmarsh jeans

‘Heartbreak Bridge’ & ‘Church undermining asylum system’ – Paper Talk

Many of Wednesday’s front pages feature images of the twisted wreckage of the Francis Scott Key Bridge. The Baltimore Bridge collapsed after a ship lost power and stuck it. The dramatic images are prominently featured on most papers, with many noting a mayday alert likely saved the lives of many people.

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