Banks weathered the storm of the Iran war. How did they do it and can they keep doing it?
Bank earnings confirmed one thing this week: The Iran war may be a geopolitical upheaval, but not a financial one. At least not yet.
Last updated: 2026-04-18 05:20:09 ET
Pulse AI Brief
Updated Apr 18, 2026 5:04 AM ET
Lawmakers are considering restrictions on Capitol Hill employees betting on prediction markets, citing conflicts of interest and insider trading concerns. The proposal targets staff with access to non-public legislative information who could profit from advance knowledge of policy outcomes.
Prediction market platforms face potential regulatory headwinds if Congress imposes broad restrictions on federal employee participation. However, the move could enhance market integrity by reducing information asymmetries, potentially attracting institutional capital.
The proposal reflects growing congressional concern about prediction markets as a tool for insider trading and information leakage. Restrictions on federal employees could set precedent for broader regulation of political betting, affecting market structure and participation.
Bank earnings confirmed one thing this week: The Iran war may be a geopolitical upheaval, but not a financial one. At least not yet.
Banks were promised deregulation. Now they could have to spend billions to log citizenship data.
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After years of accumulation, some central banks are now selling bullion as war-driven pressures force a scramble for cash.
The nation’s biggest banks posted strong profits in the first quarter, driven by a resilient economy and increased dealmaking in investment banking
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