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MINNEAPOLIS (AP) — A Minnesota judge overseeing Prince's estate narrowed down the wide pool of potential heirs for the late superstar's fortune on Friday, ruling out nearly 30 claimants while ordering genetic testing for six purported family members.
Italy's Banca Monte dei Paschi di Siena came a distant last in EU bank stress test results released on Friday that showed the sector as a whole was broadly resilient. BMPS would suffer a 14.23 percent plunge in its core capital ratio -- a key measure of a bank's financial stability -- by 2018 under an economic shock scenario being modelled by the European Banking Authority. "The EBA's 2016 stress test shows the benefits of the capital strengthening done so far are reflected in the resilience of the EU banking sector to a severe shock," said Andrea Enria, chair of the London-based watchdog.
MIAMI (AP) — Mosquitoes have apparently begun spreading the Zika virus on the U.S. mainland for the first time, health officials said Friday in a long-feared turn in the epidemic that is sweeping Latin America and the Caribbean.